Challenging scenario, with strong inflation of construction costs, is unlikely to hinder competition 06/10/2022 Brazil’s new auction of airport concessions, scheduled for August 18, is expected to draw strong interest from the private sector. The challenging scenario in the infrastructure market, with strong inflation of construction costs, high interest rates and economic uncertainties, is unlikely […]
Meanwhile, changes in management team of oil behemoth are also in standstill 06/10/2022 Fuel prices prompted change in the command of Petrobras — Foto: Leo Pinheiro/Valor The double-digit gap between diesel prices in Brazil and abroad means that Petrobras could immediately raise costs to refineries, sources told Valor. The company, however, continues to analyze the […]
After privatization by capital increase, government will hold about 40% of votes 06/10/2022 Investors say changes will help company gain efficiency — Foto: Domingos Peixoto/Agência O Globo Eletrobras managed to price at R$42 each share in the mega stock offering that will privatize the company. Eletrobras sold 802.1 million shares, raising R$33.7 billion. According to […]