(Reuters)-Reag Capital Holding is in dealings aimed at the potential alienation of the Reag Investimentos Control Block, with independent potential, according to the relevant fact of the two companies to the market on Monday.
“The negotiations include, among others, the exchange of information subject to confidentiality agreements and preliminary discussions about economic and contractual terms and conditions of the possible transaction,” they said.
Companies added that there is no guarantee that negotiations will result in the conclusion of binding document or consummation of any transaction, nor price definition, final structure or schedule.
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Last week, as part of a megaoperation involving various public agencies against a billionaire scheme of fraud and money laundering in the fuel sector.
The company said on Thursday that it was collaborating in full with the competent authorities.
