Ambipar Says Borlenghi’s Stake Cut to 59.5% Amid Dispute

Ambipar’s controlling shareholder Tercio Borlenghi Junior reduced his direct and indirect stake in the company to 59.54% from 67.68%, the company said.

• Borlenghi says 136m common shares have been given as collateral
  • He said the operations were irregular and carried out illegally
  • His stake had already been reduced previously, with shares also given as collateral
• NOTE: Ambipar Says Borlenghi’s Stake Falls to 67.7% Amid Bradesco Spat

To view the source of this information click here

To contact the reporter on this story:
Augusto Decker in Sao Paulo at adecker36@bloomberg.net

To contact the editor responsible for this story:
Danielle Chaves at ...