Companhia Energetica Minas Gerais (CIG) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Companhia Energética de Minas Gerais (CEMIG) has announced that its controlling shareholder, the State of Minas Gerais, has submitted a bill to the Legislative Assembly proposing the company’s privatization. This development may attract significant attention from investors in the stock markets where CEMIG is listed, including São Paulo, New York, and Madrid.
For further insights into CIG stock, check out TipRanks’ Stock Analysis page.