Price of Light: Privatization, Regulation and Valuation in Brazil Case Solution
This case prompts pupils’ mind to make a valuation for Rio Light, a Brazilian power company that's state owned and to be sold in March 1996. But success was far from guaranteed. Members of the financial community indicated the minimum bid created for the forthcoming auction was not too low, especially given the inherent volatility of investments in Brazil and the lack of regulation before privatization.
Elena Landau's effort to solve the disaster was a renegotiation of the conditions of deal. Time was brief and billions of dollars were at stake.
This is just an excerpt. This case is about GLOBAL BUSINESS
PUBLICATION DATE: March 19, 2002 PRODUCT 2002 PRODUCT #: 702055-HCB-ENG