Cemig completes sale of telecommunications assets; receive R$654,5 mi

Cemig concluded the disposal operations of telecommunications assets, part of a divestiture plan of electrical, raising a total of 654.5 million dollars with sales, said the company on Thursday in fact. Of the total amount, actual 575.9 million will be received from the American Tower, winner of the first batch of the event made by electrical, and 78.5 million will be paid by Algar Solutions, winner of the second. The Administrative Council for economic Defense (Cade) gave approval for the sale of assets to American Tower in mid-September and approved without restrictions the acquisition made by Algar in early October.