Brazilian logistics firm and waste management company use recently raised funds from debt and equity deals
Corporate & Sovereign StrategyEquityM&ABrazilLatin America Brazilian logistics firm JSL struck a deal to pay BRL289 million ($53.4 million) to buy Pronto Express Logística, while emergency response company Ambipar agreed to acquire a majority stake in AFC Soluções Ambientais Holding, according to securities filings from late Tuesday.
JSL said it will pay BRL66 million in cash at closing and disburse the remainder within six months. Pronto s shareholders stand to receive an additional BRL16.7 million in 2025 if the company meets certain conditions, JSL a
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