Dossier
Motiva
Coverage of Motiva in the Nexus archive.
- Mover Sells Motiva Stake to Bradesco BBI to Clear Debt
Grupo Mover sold its 14.86% stake in Motiva to Bradesco BBI for over R$5 billion to clear debt. The sale was conducted through Sucea Participacoes and Sincro Participacoes.
- Brazil Toll Operator Arteris Loses Half Its Traffic
Brazilian toll operator Arteris lost concessions for the Fernão Dias (BR-381) and Régis Bittencourt (BR-116/SP-PR) highways in government auctions, resulting in the loss of roughly half its total traffic and annual EBITDA. Motiva and EPR won the auctions with toll discounts of 17.05% and unspecified terms, respectively.