September 10, 2018 / 12:30 PM / 2 months ago

Brazil's Cielo to conclude Stelo purchase this week

BRASILIA, Sept 10 (Reuters) - Brazilian payment processor Cielo SA will conclude the acquisition of a 70 percent stake in technology company Stelo SA this week, according to a securities filing on Monday.

Cielo had agreed in January to increase its stake in Stela from 30 percent to 100 percent for 87.5 million reais ($21.5 million).

$1 = 4.07 reais Reporting by Bruno Federowski Editing by Paul Simao

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below