A PYMNTS Company

Brazil: Eletrobras distributor sale green lighted

By  |  October 18, 2018

Brazil’s antitrust agency CADE has approved the sale of a distribution company owned by state-run Centrais Eletricas Brasileiras, according to Reuters.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Boa Vista Energia, a distribution company based in the remote state of Roraima, was sold at auction by Eletrobras, as the state-run company is known, in August. The buyers were Oliveira Energia and Atem’s Distribuidora de Petróleo.

    Full Content: Reuters

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.