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"privatization" tag
brazil-eletrobras-energy-marketexpress-in

Brazil’s Congress approves bill to privatize Eletrobras

A plan to privatize South America’s largest state-owned energy provider has been approved by Brazilian lawmakers. Critics warn that privatization will increase energy costs. The lower house of the Brazilian Congress passed legislation on Monday...

elon-musk-marketexpress-in

Musk reveals one driver behind taking-Tesla-private plan

Tesla CEO Elon Musk has unveiled a main source of funding for his go-private transaction, saying Saudi Arabia’s sovereign wealth fund has been pushing him to go ahead with a plan aimed at buying out...