Home Business State of Sao Paulo seeks partner for sanitation company

State of Sao Paulo seeks partner for sanitation company

663
0
SHARE

The Alckmin government is trying to urgently vote on a bill that creates a holding company to attract investors interested in exploring basic sanitation, without giving up control of Sabesp. The idea is to create a controlling society initially managed by the State. The government then intends to sell holdings in the holding company to raise funds – holding most of the voting shares.