Ambipar Says Borlenghi’s Stake Falls to 67.7% Amid Bradesco Spat

The controlling stake held by Tércio Borlenghi Junior in Ambipar fell to 67.7% from 73.5% after shares given as collateral for some debt were transferred to Bradesco, according to a regulatory filing.

• Borlenghi says the transfer of shares was illegal and violates an injunction granted by the Rio de Janeiro Court of Justice, according to a letter from him attached to the filing

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Original Story:Ambipar: Fatia de Borlenghi cai a 67,7% c/execução do Bradesco

To contact the translator on this story:
Ney Hayashi in Sao Paulo at ncruz4@bloomberg.net

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