LatinNews Daily - 19 May 2022

BRAZIL: TCU gives green light for Eletrobras privatisation

The sale of the Brazilian government’s controlling stake in power utility Eletrobras, expected to raise R$67bn (US$13.5bn), was given the green light on 18 May by the federal accounts court (TCU), opening the doors to the completion of a privatisation process before October’s presidential elections.

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