CORPORATEBrazil
Controlling shareholder launches tender offer for Randoncorp shares paid in Frasle stock
Dramd Participações, the group's controlling shareholder, launched a voluntary tender offer for Randoncorp's outstanding common shares, paid in Frasle shares at 2.7 Randoncorp shares per Frasle share, with an auction on November 16 at B3, according to Investidor10 and Money Times.