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Brazil may privatize state lottery by year-end, minister says
August 23, 2017 / 2:11 PM / in 3 months

Brazil may privatize state lottery by year-end, minister says

BRASILIA, Aug 23 (Reuters) - Brazil may auction off a lottery unit of state bank Caixa Econômica Federal by year-end as part of a sweeping privatization program, Finance Minister Henrique Meirelles said on Wednesday.

Conversations are ongoing between the government and Caixa, which owns the lottery service known as Lotex, Meirelles told reporters at an event in Brasília. (Reporting by Leonardo Goy; Writing by Bruno Federowski; Editing by Jeffrey Benkoe)

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