Analysis & Comment

Brazil's Eletrobras says expects privatization by May 2022

FILE PHOTO: The logo for Eletrobras, a Brazilian electric utilities company, is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 9, 2019. REUTERS/Brendan McDermidRIO DE JANEIRO (Reuters) – Brazil’s state-run power company Eletrobras said in a presentation on Wednesday that the follow-on share offering […]

Business

Brazil Congress approves main text of Eletrobras privatization bill

BRASILIA (Reuters) – Brazil’s lower house of Congress on Monday approved the main text of a bill allowing the privatization of state-controlled energy giant Eletrobras, with the measure to advance to President Jair Bolsonaro for approval after amendments are considered.FILE PHOTO: Power lines connecting pylons of high-tension electricity are seen during sunrise near Brasilia, Brazil […]