August 20, 2018 / 4:35 PM / 2 months ago

Higher Brazil labor court overturns ruling suspending sale of Eletrobras units

BRASÍLIA, Aug 20 (Reuters) - Brazilian Superior Labor Court on Monday overturned an injunction that suspended the auction of some electricity distribution units controlled by state-run holding company Centrais Eletricas Brasileiras SA, according to a ruling seen by Reuters.

The auction of the distribution firms owned by Eletrobras, as the state-run power company is known, had been scheduled for Aug. 30. (Reporting by Ricardo Brito Writing by Ana Mano)

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