Sabesp enters a new era of management
- From: Vol 11, Issue 7 (July 2010)
- Category: General
- Region: Americas
- Country: Brazil
- Related Companies: Sabesp
Sabesp has formalised a deal to continue operating in São Paulo for another 30 years. The agreement does not resolve the question of who has the legal right of concession.
Shares in Brazilian water and sanitation company Sabesp spiked to a 10-month high after the company concluded a deal formalising its right to provide water supply and sewage services in the state of São Paulo.
Following the signing of the agreement on 23 June, Gesner Oliveira, Sabesp’s president, stated that he was happy with “greater degree of legal ...
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