Tag Archives: Partnerships & Investment Program – PPI

Brazil redrafts LOTEX sale lowering tender expectations

SBC News Brazil redrafts LOTEX sale lowering tender expectations

Having failed five times to sanction the sale of state-owned instant win (scratch card) operator LOTEX, the Brazilian government has drafted new tender documents and concession criteria as it re-establishes efforts to sell the state asset. Announced last week, Brazil’s Ministry of Finance has launched a new tender submission deadline, open until 17 October, with LOTEX’s official auction scheduled for …

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