Tag Archives: Caixa Ferderal

Lack of Caixa clarity sees BNDES Brazil rethink its LOTEX tender

SBC News Lack of Caixa clarity sees BNDES Brazil rethink its LOTEX tender

BNDES – Brazil’s National Bank for Social Development has scheduled a new auction for the sale of state-owned instant games (scratch & win) operator Loteria Instantânea Exclusiva (LOTEX) to be held on 29 November 2018. The tender of LOTEX was first announced on August 2017, with the Brazilian Finance Ministry targeting a BRL 4 billion (€1.2 billion) for its complete divestment …

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