The coachbuilder Marcopolo bus informed on Wednesday that its board of directors has authorized the company to participate in the capital increase of the Canadian manufacturer NFI Group.
The total investment of Marco Polo The operation could reach 19 million dollars thanks to the acquisition of 3.1 million new NFI shares, according to a press release from the Brazilian company.
Marcopolo holds an 8.5% equity interest in NFI, a manufacturer of city and road buses whose shares are listed on the Toronto Stock Exchange.
The Canadian company announced this week a capital increase of approximately $80 million, in the base lot.
The completion of the investment is subject to specific conditions of the operation, specified Marcopolo, in particular the approval of the capital increase by the shareholders during an Extraordinary General Meeting (AGE) scheduled for June 27.
“Prone to fits of apathy. Beer evangelist. Incurable coffeeaholic. Internet expert.”
