Brazil adds sale of Caixa's lottery unit to asset sale program

Jan 29 The Brazilian government, scrambling to raise cash to plug a swelling budget deficit, included one lottery unit of state-controlled Caixa Economica Federal, Lotex, into a wide state asset sale program. According to a decree in Friday’s official gazette, President Dilma Rousseff’s administration also included Caixa Instantanea SA, a wholly owned subsidiary of lender Caixa, in the so-called National Privatization Plan.