Article: Brazil: Schindler acquired additional stake in Atlas.

Schindler acquired last Tuesday a 34% stake in the Brazilian elevators manufacturer Elevadores Atlas through public offer. Schindler previouslyheld a 63.64% stake in the Brazilian company. The multinational company invested R$700mil to acquire the 97.64% stake in Elevadores Atlas. Elevadores Atlas' Londrina-based plant (State of Parana) will export Atlas-Schindler elevators and escalators to Latin America. Atlas' R$3mil investments in the ...

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