RIO DE JANEIRO, BRAZIL – The Nationwide Financial institution for Financial and Social Growth (BNDES) is anticipated to strengthen the Union’s money stream with roughly R$14 (US$three.5) to R$15 billion in dividend revenues (a fee that the shareholders of an organization obtain for the revenue generated).
If realized, this quantity will likely be a document. Till November 2019, the state financial institution “fattened” the Union’s coffers by R$9.5 billion – the rule accredited by the board of administrators determines the switch of 60 % of the revenue.
Relying on the outcomes of gross sales of shares that the . . .
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