Brazil: Court gives green light to Eletrobras privatization

By a large majority, the body that oversees the accounts of the Brazilian state endorsed the sale, which according to the government, could take place between mid-June and mid-August of this year.

RIO DE JANEIRO, BRAZIL - Brazil's Court of Accounts of the Union (TCU) gave the green light on Wednesday to the privatization of Eletrobras, the largest electricity company in Latin America, which will become the first large state-owned company to be sold by the government of Jair Bolsonaro.

By a large majority, the body that oversees the accounts of the Brazilian state endorsed the sale, which according to the government, could take place between mid-June and . . .

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