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4 results for “Eletrobras

Brazil Election's Stark Choice: Privatization Versus State Control of National Assets
PROPoliticsSep 18

Brazil Election's Stark Choice: Privatization Versus State Control of National Assets

With a month until the first-round vote, Brazil's presidential election presents a sharp divergence on the future ownership of state-controlled firms and the direction of fiscal policy.

Lula Reiterates 'Dream' of Reversing Eletrobras Privatization, Setting 2026 Election Risk
PROInvestingSep 09

Lula Reiterates 'Dream' of Reversing Eletrobras Privatization, Setting 2026 Election Risk

Former President Lula has reignited political risk for investors in Brazil's largest utility, Eletrobras, by calling its 2022 privatization the 'biggest theft' and vowing to return it to state control.

Eletrobras CEO Ivan Monteiro Formally Named in CVM Sanctioning Process Over Prior IRB Brasil Role
PRONASDAQSep 04

Eletrobras CEO Ivan Monteiro Formally Named in CVM Sanctioning Process Over Prior IRB Brasil Role

Eletrobras CEO Ivan Monteiro has been cited in a CVM sanctioning process over alleged accounting fraud at reinsurer IRB Brasil in 2020.

Eletrobras (ELET3) Approves R$2 Billion Share Redemption to Finalize Novo Mercado Governance Migration
Small CapsAug 06

Eletrobras (ELET3) Approves R$2 Billion Share Redemption to Finalize Novo Mercado Governance Migration

Brazil's utility giant Eletrobras is spending R$2 billion to redeem preferred shares, finalizing its migration to the B3 Novo Mercado segment.