Sept. 21 (Bloomberg) -- Brazilian state legislators in Santa Catarina approved the sale of as much as 49 percent of state-controlled water and sanitation company Cia. Catarinense de Aguas & Saneamento, the legislative assembly said in a statement on its website yesterday.
State Deputy Darci de Matos said the company may raise as much as 500 million reais ($280 million) from the stake sale, according to the statement.
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