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Copel's Renationalization: Is the Petition Enough to Change the Company's Controlling Stake?
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The petition organized by the Workers' Party (PT) of Paraná aims to create a Popular Initiative Bill (Plip) to re-nationalize Copel. However, even if the law is approved, this initiative does not guarantee that it will happen. The process, after collecting approximately 90,000 signatures, involves sending the text to the Legislative Assembly of Paraná (Alep) and, if approved in plenary, authorizing the Government to repurchase the shares. The is…
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