Brazil government working to cede control of Eletrobras in 2019

Brasilia — Brazil’s finance secretary Luiz Carlos Rodrigues said on Friday that the government is working “firmly” to cede control of electric company Eletrobras this year, which could bring in some 12.2 billion reais ($3.13 billion) to the public coffers. Speaking at a press conference after the government lowered its GDP growth forecast for 2019, … More »