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Business news: Porto Seguro, Ambicar acquisitions; May reports on debt; Congress discusses printed ballots

RIO DE JANEIRO, BRAZIL - Below are some news important for businesses this Monday.

Porto Seguro buys 50% of ConectCar

Portoseg, a subsidiary of Porto Seguro, has signed an agreement with Ipiranga, a company of Ultra Group, to acquire 50% of the shares of the automatic toll payment company ConectCar. The value of the transaction is R$165 (US$33) million, subject to adjustment until the final settlement of the transaction.

Ambipar buys Chilean waste management company

São Paulo-based Ambipar, an environmental management company, has bought 100% of Chilean company Disal, which has been active . . .

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