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Brazil: Eletrobras distributor sale green lighted

 |  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.

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

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