On 1 May 2012, Bolivia’s President Morales declared that Transportadora de Electricidad (TDE), a subsidiary of a Spanish company which owned and operated about three-quarters of Bolivia’s power grid, would be nationalised. What can be concluded from this?
- ABolivian employees of TDE will own 100% of its shares.
- BOnly Bolivian nationals will be allowed to work at TDE.
- CTDE company shares will be sold to a Bolivian company.
- DThe Bolivian government will take over ownership of TDE.