Tag: privatization

• Friday, February 26th 2021 - 09:40 UTC

  Brazil's share of Electrobras will fall to 45% from 61% under the privatization deal

  

  Brazil’s government will cut its stake in power company Centrais Eletricas Brasileiras SA , or Eletrobras, to 45% from its current 61% in a planned privatization process, a senior official in the Energy Ministry announced on Wednesday.

• Friday, November 13th 2020 - 08:51 UTC

  Ortega's Nicaragua approves the privatization of drinking water services

  

  The Nicaraguan parliament, controlled by the party of leftist President Daniel Ortega, on Thursday, approved a reform that will open the door to the privatization of drinking water services in the Central American nation.

• Thursday, October 1st 2020 - 09:15 UTC

  Privatization policy in Bolivia divides the cabinet and triggers several ministerial resignations

  

  Internal splits in Bolivia’s interim government led to the departure of the country’s economy minister and two other cabinet ministers Monday, stoking uncertainty about the Andean country’s economic recovery from the coronavirus pandemic.

• Thursday, February 20th 2020 - 18:10 UTC

  Oil workers on strike against Petrobras privatization plans

  

  Brazilian oil workers and oil giant Petrobras were locked in a power struggle over the company’s privatization plans, with the union saying thousands of employees are on an indefinite strike.

• Saturday, August 31st 2019 - 17:57 UTC

  Brazil planning to privatize public TV and radio network

  

  Brazil will add public TV and radio network Empresa Brasil de Comunicação to government-owned companies to be privatized, two sources with knowledge of the matter said on Thursday.

• Thursday, August 29th 2019 - 08:42 UTC

  Petrobras privatization: still the crown jewel and needs congressional approval

  

  Brazil's influential finance minister has convinced President Jair Bolsonaro to consider the once-unthinkable step of privatizing state-owned oil company Petrobras , but stiff political opposition could stifle any effort to sell the country's corporate crown jewel.

• Saturday, April 27th 2019 - 09:38 UTC

  Petrobras details divestment list including refineries; Bolsonaro open to privatization of oil company says minister

  

  Brazil's state-controlled oil company Petrobras on Friday for the first time detailed long-awaited plans to sell a series of refineries and other assets as the company focuses on its core oil and gas exploration business.

• Tuesday, March 19th 2019 - 08:08 UTC

  Spanish and Swiss companies win rights to operate key Brazilian airport groups

  

  Spain’s Aena SME SA and Switzerland’s Flughafen Zuerich AG last Friday won the right to operate two key Brazilian airport groups, in one of the first tests of President Jair Bolsonaro’s ability to draw foreign investment.

• Tuesday, January 22nd 2019 - 10:13 UTC

  Brazil plans to privatize airports and railways; Chinese investment would be “well received”

  

  Brazil’s government will announce the privatization of southern airports, including Curitiba, in the second quarter of this year, according to Adalberto Vasconcelos, head of the PPI government program tasked with luring private investment in the country’s infrastructure.

• Wednesday, February 28th 2018 - 10:00 UTC

  Brazilian presidential hopeful would support privatization of Petrobras

  

  The governor of Sao Paulo and likely centrist presidential candidate Geraldo Alckmin said that he would privatize Brazil's state-run oil company Petrobras if he wins the elections in October.