After seeing the Eletrobras privatization process stall at the Federal Audit Court and facing legal obstacles, the federal government expects the state-owned company to have its privatization concluded by Tuesday (14) of next week.
Sources leading this process also told the CNN that the shares should have their price this Thursday (9/6).
This Monday, class B preferred papers (ELET6) were down 0.6% on the São Paulo Stock Exchange and are now trading at R$41.45.
On the other hand, common shares (ELET3) fell by 0.14% to R$41.90. With the capitalization process, the government will give up the largest share of the state-owned company, opening the way for it to have control of independent shareholders.
In the same way as Petrobras and Vale, Brazilians who have values in their FGTS account will be able to buy shares in the state-owned company. Reservation for this can be made until Wednesday (8/6).
The provisional measure authorizing the handing over of the state-owned company to investors was signed by President Jair Bolsonaro in July 2021. Among the president’s vetoes were the reservation of 1% of the shares for employees of the state-owned company with discounts and also the use of employees dismissed without just cause. in similar positions of subsidiaries of the company.
As an argument, the government claimed at the time that the reserve of shares could reduce capitalization resources and that the migration of servers would violate the principle of public tender.
Source: CNN Brasil
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