LatAm’s Largest Water Utility Sabesp Launches Major $3 Billion Share Sale

In a significant economic move, São Paulo state has initiated the sale of 191,713,044 Sabesp shares. An additional 28,756,956 shares may boost the offering, should demand surge. This sale could usher in nearly 16.5 billion reais ($3B) , a substantial influx for local coffers. Sabesp, known fully as Cia de Saneamento Basico do Estado de […]