[ad_1]
The CCR "saves" $ 168 million with a leniency contract
Money Times – CCR (SA 🙂 did a lot to close in R $ 81.5 million leniency agreement with the prosecutor's office of the state government of São Paulo, revealed to the market on Thursday (29). The market reaction speaks for itself: 11.17%, bringing the papers to R $ 12.74. Amounts will be paid in two installments, the first of an amount of $ 49,265 million reais on March 1, 2019 and the remaining balance on March 1, 2020.
The agreement, an "auto-build duration ", will be transmitted later. for judicial approval. The company did not give details of the deal, which involves denunciations issued earlier this year about alleged commission payment to the former director of Dersa, the national highway company. According to Bradesco BBI's calculations the amount of the fine "is well below market expectations, and the company said it donated R $ 44.6 million to the two politicians of São Paulo Victor Mizusaki and Ricardo França, badysts, point out that our scenario (R $ 250 million, or about R $ 0.10 per share)
The names of politicians are kept confidential, but the publication indicates that they are part of former Governor Geraldo Alckmin (PSDB), Senator Jose Serra (PSDB-SP) and Minister of Science and Technology, Gilberto Kbadab (PSD), who will lead the House of the Governor-elect João Doria (PSDB)
By Money Times
Fusion Media or anyone involved in Fusion Media will not accept any liability for loss or damage resulting therefrom. trust in the information, including data, quotes, graphics and buy / sell signals contained in this website. If you are fully informed about the risks and costs badociated with trading the financial markets, it is one of the most risky forms of investing possible.
[ad_2]
Source link
