Workers had gone on strike to demand more supplies and equipment to be able to perform their work duties.
The IPO is expected to help the Goiás state water utility to increase water and sanitation investments.
Of the total, US$50mn will be invested in the capital's bay area and US$60mn in projects at the San Lorenzo river stream.
The hike of 7.88% is higher than inflation but lower than company's demand
BNamericas takes a look at the initiative that aims to change the face of El Salvador's largest potable water supply source.
The country's bankrupt water utilities will be thrown a lifeline "within weeks" when legislation will permit private operators to restructure the companies.
Chile's mining industry has been a champion in the use of seawater for its processes. Several mines already use seawater directly or desalinated, and there are several new desalination plants expected to be built in coming years.