Sabesp to Provide Water, Sewage Services to Diadema for 30 Years

Cia. de Saneamento Basico do Estado de Sao Paulo, Brazil’s largest water utility, signed an agreement to take over the concession to provide water, sewage services to Diadema, a neighboring city to Sao Paulo, according to regulatory filing.

Sabesp will also take over the labor force from Saned, the municipal company that currently provides the services. The agreement is pending approval of Diadema’s local assembly, according to the statement.

To contact the reporter on this story: Fabiola Moura in Sao Paulo at fdemoura@bloomberg.net

To contact the editor responsible for this story: Helder Marinho at hmarinho@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.