STF bate o martelo ! Vendas de estatais apenas com aval do congresso e com licitação, mas subsidiárias estão liberadas

Supreme Federal Court (STF) Hits the Hammer! State-Owned Company Sales Only With Congressional Approval and Bidding, But Subsidiaries Are Cleared

Written by Renato Oliveira

Published on 07/06/2019 at 01:00

Updated on 07/06/2019 at 06:09

STF bate o martelo e proíbe venda das estatais

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In A Trial That Started Last Week And Resumed On Wednesday (06/05), It Was Decided Yesterday The Need For Legislative Authorization For The Sale Of State-Owned Companies, But Authorized The Sale Of Subsidiaries

After the third session of judgment regarding the sale of state-owned companies without congressional approval, the STF ruled against the sale, but allowed the commercialization of subsidiaries.
The session took place yesterday, Thursday (06/06), and the opinion was against state-owned companies when it comes to causing loss of shareholder control.

The Union has 134 state-owned companies and 88 subsidiaries. Eletrobras has 30, Banco do Brasil has 16, and Petrobras has 36, among the most important, Transpetro and BR Distribuidora.
The decision is in favor of the government that wanted to relax the rules for the sale of state-owned companies, believing that such action will lead to economic development.

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Supreme Federal Court (STF) Hits the Hammer! State-Owned Company Sales Only With Congressional Approval and Bidding, But Subsidiaries Are Cleared

In A Trial That Started Last Week And Resumed On Wednesday (06/05), It Was Decided Yesterday The Need For Legislative Authorization For The Sale Of State-Owned Companies, But Authorized The Sale Of Subsidiaries

Interest Of R$ 80 Billion

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Supreme Federal Court (STF) Hits the Hammer! State-Owned Company Sales Only With Congressional Approval and Bidding, But Subsidiaries Are Cleared

In A Trial That Started Last Week And Resumed On Wednesday (06/05), It Was Decided Yesterday The Need For Legislative Authorization For The Sale Of State-Owned Companies, But Authorized The Sale Of Subsidiaries

Interest Of R$ 80 Billion

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