SAO PAULO, Nov 29 (Reuters) - Brazilian power company
Eletrobras said on Tuesday it has decided to
temporarily halt its migration to "Novo Mercado," a segment of
the local stock exchange with stricter governance rules, due to
adverse economic and market conditions.
Centrais Eletricas Brasileiras SA, as the company is
formally known, said in a securities filing that in 2023 it
would reassess the migration process, part of its
post-privatization plans.
(Reporting by Gabriel Araujo; Editing by Louise Heavens)