August 1, 2019 / 11:37 AM / 17 days ago

Eletrobras CEO to meet Brazil president to discuss privatization

SAO PAULO, Aug 1 (Reuters) - Brazil’s President Jair Bolsonaro will meet with the chief executive of state-controlled Centrais Eletrias Brasileiras SA, known as Eletrobras, on Thursday to discuss the company’s “potential privatization,” according to a securities filing late on Wednesday.

Right-wing Bolsonaro was elected last year on an economic platform that included aggressive pro-market reforms, including a privatization program.

Reporting by Luciano Costa; Editing by Bernadette Baum

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