In accordance with legal determinations regarding privatization processes, the National Bank for Economic and Social Development (BNDES), performed the selection to define the second group that will make the economic and financial selection of post offices — the state company must be privatized until March next year. BR Partners won the competition.
BR Partners’ surveys should take into account the studies that are already being prepared by BNDES in conjunction with the Postar Consortium, formed by Accenture and Machado, Meyer, Sendacz, Opice and Falcão Advogados, in charge of analyzing the state-owned company’s disposal model.
Another consortium, Carta Brasil (comprised by KPMG and Manesco, Ramires, Perez, Azevedo Marques Sociedade de Advogados) has been conducting another important aspect of the business, the accounting-patrimonial, legal and technical-operational valuation.
Carta Brasil and BR Partners will present independent economic and financial assessments for the operation of privatization of Correios at the end of the work, as established by law, which must be completed by September.
“For a privatization project as relevant to Brazil as the Correios, it is important to have experienced companies that will help us create the best privatization model that benefits the country and the population”, says Fábio Abrahão, Director of Concessions and Privatizations of BNDES.
The studies will also raise the value of the active and passive Correios, as well as the company’s valuation. According to BNDES, the information will be shared with the market through an online platform.
Correios will be sold in full at an auction to be held in March of next year.
The next step towards privatization is to vote on the bill 591/21, that ends the state’s monopoly in relation to the postal sector. The opinion of the PL rapporteur, Deputy Gil Cutrim (Republicanos/MA) is ready. It is expected to be sent to the Chamber’s plenary in early August.
Sign the EXAM and access the most important news in real time.