Brazil to launch public consultations to clear way for Sabesp privatization

Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP

05/02/2024 17:02

SAO PAULO, Feb 5 (Reuters) - The government of Brazil's
Sao Paulo state will launch a public consultation process on
Friday regarding new contracts that state-run water utility
Sabesp  SBSP3.SA  will sign with 375 municipalities, an official
told Reuters on Monday.
    The consults mark an important step in the company's
privatization process, the state's secretary of investment
partnerships, Rafael Benini, said in an interview.

    

 (Reporting by Leticia Fucuchima; Writing by Steven Grattan;
Editing by Kylie Madry)
 ((Steven.Grattan@thomsonreuters.com;))