São Paulo looks to sell Sabesp share
- From: Vol 5, Issue 8 (August 2004)
- Category: General
- Region: Americas
- Country: Brazil
- Related Companies: Banco do Brasil, Banco Itau, Banco Santander, Citibank, Goldman Sachs, Morgan Stanley, UBS Securities and Unibanco
The state government is considering reducing its stake in its water utility, Sabesp.
The São Paulo state government is considering selling off a 21% stake in its water company, Sabesp. Four banking partnerships are to compete for the contract to draw up a share sale study.
Arnaldo Madeira, secretary to the governor’s office, said a decision had not yet been taken on whether to sell the shares or use them to ...
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