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Brazil gives antitrust nod to Eletrobras distributor sale

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Reuters SAO PAULO

SAO PAULO (Reuters) - Brazil's antitrust agency Cade has approved the sale of a distribution company owned by state-run Centrais Eletricas Brasileiras SA, according to the official gazette on Wednesday.

Boa Vista Energia, a distribution company based in the remote state of Roraima, was sold at action by Eletrobras, as the state-run company is known, in August. The buyers were Oliveira Energia and Atem's Distribuidora de Petróleo.

(Reporting by Ana Mano)

 

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First Published: Oct 17 2018 | 5:45 PM IST

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