Minas Gerais starts Copasa sale

Minas Gerais starts Copasa sale

M&A Project & Infrastructure Finance Regulation Politics Economy & Policy Brazil

The Minas Gerais state government has recruited the national development bank BNDES to study the privatization of the water company Copasa, according to a securities filing. BNDES will "conduct market consultations with a view to contracting technical services necessary for structuring and implementing the privatization process of Copasa," the state-owned company said in the filing on Tuesday evening. Copasa signed a technical agreement to work on the privatization with BNDES in September last y

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