Simpar expects to fend off market volatility

Simpar expects to fend off market volatility

Corporate & Sovereign Strategy Brazil Debt Politics

Brazilian holding company Simpar said it will focus on investment opportunities in service concessions without worrying about expected market volatility before the general election next year, CFO Denys Ferrez said Thursday. "We have done our homework and we have secured enough resources to go through 2022 regardless of the economic scenario," Ferrez said during a conference call to present Simpar's third quarter results. Simpar, which owns logistics company JSL, truck rental company Vamos and ca

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