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Stock Market & Financial Investment News

News Breaks
May 28, 2014
18:54 EDTSBSSaneamento Basico expands water consumption reduction incentive program
Saneamento Basico expanded the Water Consumption Reduction Incentive Program on May 26 to those municipalities served by Sabesp in the Piracicaba, Capivari and Jaguari Water Basin in the Cantareira System catchment area. Customers who reduce their monthly consumption by 20% over their average monthly consumption in the last 12 months will be entitled to a discount of 30% on their bill. The measure will remain valid for bills issued as of June until December.
News For SBS From The Last 14 Days
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March 19, 2015
05:23 EDTSBSSABESP announces agreement with State of Sao Paulo, DAEE
SABESP, pursuant to CVM Instruction 358 of January 3, 2002 and amendments thereto, hereby informs its shareholders and the market in general that, on March 18, the company, the State of Sao Paulo and the Department of Water and Electricity - DAEE, with the intervention of the Department of Sanitation and Water Resources, executed a Term of Agreement. The amount of the current agreement is R$1.01B, of which R$696.28M refers to the principal and R$316.03M refers to the monetary adjustment of the principal until February.

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