Brazil's Copasa Privatization Cleared; Aegea, Sabesp Bid

Brazil's Copasa Privatization Cleared; Aegea, Sabesp Bid

Brazil · Privatization Key Facts —The Minas Gerais Court of Accounts unanimously authorized Copasa’s share offering. The TCE-MG voted Monday May 18 to allow the Brazilian water utility to launch the share offer that will transfer control to the private sector. The decision was unanimous in the Pleno chamber. —Copasa shares (CSMG3) jumped 3.5% on […] The post Brazil’s Copasa Privatization Cleared; Aegea, Sabesp Bid appeared first on The Rio Times.

Brazil court gives green light to Copasa privatization - LatinFinance

Minas Gerais is cleared to sell most of its stake in the state water company via the stock market