June 29, 2018 / 11:05 PM / 3 months ago

BRIEF-Glencore Energy, through subsidiary in Brazil, to buy 78 pct of Ale Combustíveis

June 29 (Reuters) - Glencore Energy:

* GLENCORE ENERGY SAYS CO, THROUGH ITS SUBSIDIARY IN BRAZIL, HAS SIGNED AN AGREEMENT TO ACQUIRE 78% OF ALE COMBUSTÍVEIS

* GLENCORE ENERGY - MARCELO ALECRIM, ONE OF THE FOUNDERS OF ALE, WILL MAINTAIN 22% STAKE IN BUSINESS AND ASSUME ROLE OF CHAIRMAN ON COMPLETION OF DEAL Further company coverage:

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