BRASILIA, March 15 U.S. group FleetCor Technologies Inc. agreed to buy Brazil's largest electronic toll road payment company Sem Parar for 4.086 billion reais ($1.12 billion) through a local subsidiary, one of Sem Parar's shareholders said on Tuesday.
Highway concession operator CCR SA said it reached an agreement with other shareholders to sell Serviços e Tecnologia de Pagamentos S.A., as Sem Parar is formally known, to FleetCor-owned DBTrans Administradora de Meios de Pagamento Ltda, a Brazilian toll road operator.
07:15 Telefonica to sell up to 40 percent of Telxius to KKR for 1.3 billion euros21
04:46 Las Vegas Sands CEO says Japan casino resort could cost up to $10 billion15
03:04 Alibaba expands into retail market with Bailian deal21
04:11 Alibaba extends bricks-and mortar retail push with Bailian deal24