Brazil’s Eletrobras Privatization Is Market Friendly: Safra
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Tickers
ELET6 BZ (Centrais Eletricas Brasileiras SA)
People
Kaique Vasconcellos (Banco Safra SA)
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UUID: 7947283
(Bloomberg) -- Move represents a major catalyst for the stock, Safra expects positive market reaction, says bank in report signed by Kaique Vasconcellos.
- Eletrobras has an inefficient cost structure and privatization may create great value for shareholders
- Looking only at cost structure, a 20% cut means a potential NPV of 13b reais
- Although it is hard to price-in 100% probability of this scenario, Safra reinforces outperform rating due to potential privatization of generation assets or the entire company, divestment plan and costs savings program
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
Tickers
ELET6 BZ (Centrais Eletricas Brasileiras SA)
People
Kaique Vasconcellos (Banco Safra SA)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283