Brazilian state-owned Centrais Eletricas Brasileiras SA (Eletrobras) has announced that—considering the recent decision by the Supremo Tribunal Federal or Supreme Federal Court of Brazil—its shareholders have approved the merger of its wholly-owned subsidiary, Furnas Centrais Elétricas SA (Furnas). The Supreme Federal Court decision allowed the resumption of the Extraordinary General Meeting (EGM) that was initially […]
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