5 articles about "Banco Itau"
Key local shareholders in the Brazilian state of Minas Gerais want to take advantage of Copasa’s rising share price to boost their coffers. Rumours of a similar move at Sabesp seem to be unfounded.
The state government is considering reducing its stake in its water utility, Sabesp.
The contract operations market in the US has collapsed. It will be back.
The Brazilian state of Bahia has called off the attempt to sell its water and sanitation company, Empresa Baiana de Águas e Saneamento Basico (Embasa). Senator Antônio Carlos Magalhães, former minister, Bahia state governor and ex-president of Brazil’s senate announced the decision last month.
São Paulo state water company Sabesp, Latin America’s largest water and sewerage company, boosted its profit and debt performance last year. Year 2000 financial results are likely to bolster investor interest in the purchase of the state’s 88% stake. No date has been given for the sale but some analysts believe it could take place later this year following approval of a bill that would overhaul Brazil’s water and sanitation sector (see GWI, Vol. 2, Issue 3, p.4).