Brazilian state-run power company Eletrobras’ privatization is almost a done deal. President Jair Bolsonaro’s administration is seeking to privatize Eletrobras through a capital increase in which the state’s stake would end up diluted, effectively giving up control of the Rio de Janeiro-based firm while retaining some veto rights. Lawmakers. Shareholders of Eletrobras (ELET6.SA) approved on February the terms for the privatization of the company, according to a Valor Economico report citing sources. For further information, you may visit:
