Posted On: 02/28/2012 10:47:47 PM
Post# of 684
UPDATE 1-Eletrobras may rescue Rede as unit faces distress
RIO DE JANEIRO/SÃO PAULO, Feb 28 (Reuters) - Brazil's state-controlled power holding company Eletrobras could help bail out debt-laden rival Grupo Rede Energia if requested by the federal government, Chief Executive José da Costa Carvalho Neto said on Tuesday.
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