MarketsNotableReported
5.1
Copasa elects new board post-privatization; Equatorial Energia takes control
Brazil JournalLO·BR·3 days ago
Equatorial issued a statement denying any intention to divest from Copasa, a Brazilian water utility, and dismissed re-nationalization speculation as irrelevant. The denial follows market rumors, but the source is a press note with no independent confirmation. This matters for investors in Equatorial and Copasa, as it clarifies corporate strategy and reduces uncertainty around the asset.