Ipiranga R$2.16 billion acquisition of Alesat Combustíveis

Overview:

• Ipiranga has acquired a stake in fuel distributor Alesat Combustíveis.
• Previously, private shareholders owned 18%, Darby Overseas Investments owned 32% and Asamar Group owned 50%.
• TozziniFreire Advogados (Mauro Guizeline, Francisco Eumene Machado de Oliveira Neto, Augusto Silveira Caldas Neto) advised Asamar Group.
• Motta Fernandes Rocha Advogados advised the private shareholders.

Rani Mehta - Journalist - Latin America