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SAO PAULO, May 17 (Reuters) – Brazil state-run energy firm Eletrobras (ELET6.SA) could be privatized as quickly as June though the deadline to hold the share providing on the idea of its first quarter monetary outcomes is in mid-August, the corporate’s Chief Executive Rodrigo Limp stated on Tuesday.
In a convention name, the chief additionally stated the corporate doesn’t see impacts to the privatization ensuing from the capital improve of 1.5 billion reais in Santo Antonio Energia, of which Eletrobras is the principle shareholder.
(This story corrects month to June, not July)
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Reporting by Letícia Fucuchima
Editing by Chris Reese
Our Standards: The Thomson Reuters Trust Principles.
Brazil’s Eletrobras’ privatization offer could happen by June -CEO & More Latest News Update
Brazil’s Eletrobras’ privatization offer could happen by June -CEO & More Live News
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