Eletrobras Sets Stage for Major Stake Sale in ISA Cteep

Eletrobras (ELET3) recently launched a major financial initiative, initiating a secondary public offering of up to 130 million preferred shares in ISA Cteep. This move is crucial for streamlining operations by offloading non-essential minority stakes. Initially, the offering will include 60 million shares, potentially expanding to 130 million to meet rising demand. The pricing will […]