Shares of Brazil’s Qualicorp sink on shareholder deal
30 Sep Shares of Brazil’s Qualicorp sink on shareholder deal
Posted at 15:16h
in
News
by KMFSLLP
Shares in Brazilian
healthcare insurer Qualicorp SA plunged 22 percent on
Monday after the company said it had agreed to pay its founder
and biggest shareholder 150 million reais ($37.22 million) in
return for a pledge not to sell his shares or compete with it.
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