Brazil's Cesp says body recommends controlling shareholder to sell stake

martes 23 de agosto de 2016 17:55 GYT

SAO PAULO Aug 23 (Reuters) - Cia Energética de São Paulo SA said on Tuesday that a council overseeing privatizations has recommended the state of São Paulo sell a controlling stake in the Brazilian electricity generator.

In a securities filing, the company known as Cesp said the decision by the council was made earlier in the day. (Reporting by Tatiana Bautzer; Editing by Chizu Nomiyama)