July 6, 2016 / 9:17 PM / 2 years ago

Brazil's Cemig denies it hired advisers to sell assets

BRASILIA, July 6 (Reuters) - Cia Energética de Minas Gerais SA denied it has hired financial advisers to sell assets, the power distributor firm said in a statement on Wednesday.

Reuters reported on Tuesday that Cemig, as the company is known, hired at least three investment banks to prepare the sale of small hydropower plants and a gas distribution unit, citing three sources with direct knowledge of the plans. (Reporting by Alonso Soto; Editing by Leslie Adler)

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