Brazil to sell Eletrobras control in boldest privatization yet

SAO PAULO/BRASILIA (Reuters) - Brazil on Monday floated a proposal to cede control of the country's biggest power utility, Eletrobras, in the boldest privatization yet by a government struggling to close a record budget deficit, sending Eletrobras' shares soaring in after-market trading.

Brazil to sell Eletrobras control in boldest privatization yet
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