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LATEST

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Emerging Markets

Mover Sells Motiva Stake to Bradesco BBI to Clear Debt

The Rio Times · 1h ago · 🇧🇷 Brazil

Mover Sells Motiva Stake to Bradesco BBI to Clear Debt

Brazil · Business Key Facts —The seller. Grupo Mover, the Brazilian holding formerly known as Camargo Correa, sold its entire 14.86% stake in Motiva through the vehicles Sucea Participacoes and Sincro Participacoes. —The buyer. Bradesco BBI, the wholesale and investment arm of Banco Bradesco. —The price. More than R$5 billion, about US$900 million at current […] The post Mover Sells Motiva Stake to Bradesco BBI to Clear Debt appeared first on The Rio Times .

Read the full story at The Rio Times →

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