The government will keep only Petrobras, BB and Caixa as state property; Eletrobras draws 4% By Investing.com



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© Reuters. The government will keep only Petrobras, BB and Caixa as state property; Investing.com – Treasury Secretary Fazim Saltar Mattar said on Tuesday that the Bolsonaro government had the intention of keeping Petrobras, Banco do Brasil and Caixa under state control.

"The goal is to sell all state companies without competing with the market," Mattar told a Credit Suisse sponsored event.

According to the secretary, the three state-owned companies that will be maintained still have their size reduced, with sales of subsidiaries such as BBDVTM. Last week, Petrobras president Roberto Castello Branco once again defended the sale of non-strategic badets and criticized the company's dominant position in the refining sector.

The government now has 134 state corporations.

Eletrobras SA:), with a sharp increase of 4% to R $ 35.71 and renews the highest level in history.

Banco do Brasil (SA 🙂 increases by 1% to R $ 48.84, while Petrobras (SA 🙂 (19659010) Fusion Media would like to remind you that the date on this website is is not necessarily real-time or exact. All CFDs (stocks, indices, futures) and Forex prices are not provided by stock exchanges but by market makers, and prices may not be accurate and may differ from current market prices, which means that prices are indicative and not suitable for trading purposes. Therefore, Fusion Media badumes no liability for any business losses you may suffer as a result of the use of this data.

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