Centrais Elc Braz Pfb B Elbras (EBR.B) has released an update.
Centrais Elétricas Brasileiras S.A. – Eletrobras has addressed an official inquiry by the Brazilian Securities and Exchange Commission concerning media reports about changes to its board structure amidst ongoing conciliation efforts. The company clarified that conciliation through the Mediation and Conciliation Chamber of Federal Public Administration is still in progress and bound by confidentiality, emphasizing that any decisions will be subject to approval by its governance bodies. Eletrobras committed to keeping the market updated on the conciliation outcome, which could potentially alter the government’s representation on the board.
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