16 de mayo de 2017 / 11:37 / en 6 meses

BRIEF-Sabesp gets approval to carry out studies for its capitalization

May 16 (Reuters) - COMPANHIA DE SANEAMENTO BASICO DO ESTADO DE SAO PAULO - SABESP:

* REPORTED ON MONDAY THAT THE DIRECTING COUNCIL OF THE STATE PRIVATISATION PROGRAM APPROVED IN A MEETING ON FRIDAY TO CARRY OUT STUDIES FOR THE CAPITALIZATION OF THE COMPANY, WHICH INCLUDE THE TRANSFER OF THE SHARES UNDER STATE OWNERSHIP TO A NEW HOLDING

* THE GOAL OF THE CAPITALIZATION IS TO OVERCOME THE RESTRICTIONS THAT EXIST FOR INVESTMENTS THAT AIM TO PRESERVE THE EXPANSION OF BASIC SANITATION SERVICES PROMOTED BY THE COMPANY

Source text: bit.ly/2qrCUoV

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