Eletrobras sells stake in Eletronuclear to J&F Group for R$535 million
PositiveFinancial Markets

Eletrobras has successfully sold its stake in Eletronuclear to J&F Group for R$535 million, marking a significant move in the energy sector. This transaction not only strengthens J&F's position in the nuclear energy market but also allows Eletrobras to focus on its core operations and improve its financial health. The deal is seen as a positive step towards enhancing investment in Brazil's energy infrastructure.
— Curated by the World Pulse Now AI Editorial System