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Brazil's BNDES Can Sell Stake In Mature Firms Depending On Price And Timing, Exec Says

ReutersMay 15, 2025 8:32 PM

- Brazilian Development Bank [RIC:RIC:BNDES.UL]:

  • BNDES CAN SELL STAKE IN MATURE FIRMS DEPENDING ON PRICE AND TIMING, BNDES EXEC SAYS ABOUT STAKE IN JBS

  • BNDES HAS NO INTEREST IN SELLING STAKES OF FIRMS SEEN AS STRATEGIC SUCH AS PETROBRAS, ELETROBRAS - EXEC

  • BNDES NOW EXPECTS DISBURSEMENTS TO REACH 2% OF GDP BY 2028, INSTEAD OF NEXT YEAR - EXEC

Source text: [ID:]

Further company coverage: BNDES.UL

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