Weekly Report - 11 May 2023 (WR-23-19)


BRAZIL | Efforts to amend Eletrobras privatisation. On 5 May, Brazil’s federal attorney general’s office (AGU) asked the supreme court (STF) to change parts of June 2022 legislation which privatised the electricity company Eletrobras, particularly a clause which restricts shareholders from owning more than 10% of the company’s voting capital. Although it is uncertain whether the STF will agree to this change, it could provide an opportunity for the federal government, still a major Eletrobras shareholder, to gain more influence over its former asset, without officially renationalising the company. 

End of preview - This article contains approximately 88 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.