Brazil presidential contender Gomes would reverse privatisations

Presidential pre-candidate Ciro Gomes attends an interview with Reuters in Rio de Janeiro, Brazil March 15, 2018. Picture taken March 15, 2018. REUTERS/Sergio Moraes

RIO DE JANEIRO (Reuters) - The most likely leftist contender in Brazil's presidential race, Ciro Gomes, is warning investors to hold off buying state assets in the energy sector because he would expropriate them if he wins in October.

That includes rights to oil fields granted last year and a legislative push to dilute state control of Centrais Eletricas Brasileiras SA, or Eletrobras, the country's largest power utility.