Mover Closer to Selling Motiva Stake to Bradesco: Valor

July 17, 2025, 4:42 PM UTC

Grupo Mover Participacoes’ controllers have advanced in negotiations to sell the holding’s stake in Motiva to Bradesco, Valor Economico reports, citing unnamed people close to the matter.

  • Stake, of 14.86%, is valued at about 4b reais, Valor says
  • Motiva shares were previously pledged to the bank as collateral due to Mover’s debt

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 djelmayer@bloomberg.net

© 2025 Bloomberg L.P. All rights reserved. Used with permission.

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.