March 15, 2021 |
Brazilian credit information company Boa Vista Serviços has agreed to pay BRL172 million ($30.9 million) for a majority stake in Konduto Internet Data Technology, marking the second acquisition since its stock market debut last year.
Boa Vista will purchase 72.2% of Konduto in cash and issue new shares to acquire the other 27.8% after that, the company said in a securities filing on Thursday.
Konduto's shareholders will received 2.88 million shares and warrants that allow to buy up 1.96 million
Brazilian credit reporting company agrees to buy online anti-fraud firm Konduto for $31 mln