Brazil Toll Giant Motiva Stake Sold in $X Million Debt Deal

Brazil · Business Key Facts —Seller. Grupo Mover, the conglomerate formerly known as Camargo Corrêa, is selling its entire 14.86% stake in Motiva as part of a court-supervised judicial recovery plan. —Buyer. Bradesco BBI, the investment banking arm of one of Brazil’s largest private banks, is acquiring the block to settle outstanding debt owed by…