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Companhia Energetica de Minas Gerais CEMIG (CMIG4.SA)

CMIG4.SA on Sao Paulo Stock Exchange

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22 Feb 2019
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Latest Key Developments (Source: Significant Developments)

Cemig acquires Light SA stakes for 659.4 mln reais
Friday, 30 Nov 2018 

Nov 30 (Reuters) - Companhia Energética de Minas Gerais ::BRAZIL POWER COMPANY CEMIG SAYS ACQUIRED STAKES IN LIGHT SA HELD BY BB BANCO DE INVESTIMENTOS, BV FINANCEIRA SA AND BANCO SANTANDER BRASIL - FILING.CEMIG SAYS IT PAID 659.4 MILLION REAIS TO ACQUIRE THE STAKES HELD BY THOSE FIRMS IN RIO'S POWER COMPANY LIGHT SA - FILING.CEMIG SAYS THAT WITH THE DEAL IT COMPLIED WITH THE STAKE SALE OPTIONS HELD BY BB-BANCO DE INVESTIMENTO, BV FINANCEIRA AND BANCO SANTANDER BRASIL.  Full Article

Holding Co RME, One Of Light's Controlling Shareholders, Sells 2.13 Pct Stake For 64 Mln Reais- Filing
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - Companhia Energetica de Minas Gerais CEMIG ::HOLDING CO RME, ONE OF LIGHT'S CONTROLLING SHAREHOLDERS, SELLS 2.13 PERCENT STAKE FOR 64 MILLION REAIS- FILING.  Full Article

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Citi expects privatization to bolster revenue in Brazil

SAO PAULO Citigroup Inc expects to boost annual revenue in Brazil over the next years by advising potential public asset sales and through a revival in capital markets, its chief executive officer in Brazil told journalists on Monday.