Bloomberg News

Portugal Eliminates State’s Special Rights in EDP, Galp, PT

July 05, 2011

July 5 (Bloomberg) -- The Portuguese government today approved a decree to eliminate special rights, or “golden shares,” held by the state in EDP-Energias de Portugal SA, Galp Energia SGPS SA and Portugal Telecom SGPS SA.

The government announced the decree in a statement handed to reporters in Lisbon.

To contact the reporter on this story: Anabela Reis in Lisbon at areis1@bloomberg.net

To contact the editor responsible for this story: Joao Lima at jlima1@bloomberg.net


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