Joint Venture Agreement Portugues

. 27 The participation of a group in an undertaking or an associated joint venture corresponds to the sum of the shares held by the parent company and its subsidiaries in that member or joint venture. Concessions granted to a joint venture or contracting authority which integrates a joint venture [sale of shares in joint ventures] NLB d.d. sells until […] all shares in joint ventures in the following undertakings. . . .