Eletrobras Approves Divestment of Eletronuclear Stake
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Eletrobras has approved the divestment of its stake in Eletronuclear to J&F S.A. for R$ 535 million during its 1077th Board meeting. The buyer will assume R$ 2.4 billion in obligations related to the ADI Debenture. This strategic decision indicates a shift in Eletrobras's operational focus. Analysts rate EBR.B stock as a Buy with a $12.00 price target, reflecting strong financial performance and positive indicators. Eletrobras, a major player in Brazil's energy sector, has a current market cap of $23.63B.
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