Simpar SaBMFBOVESPA: SIMH3

Brazil development bank BNDES to invest in transport conglomerate Simpar

· Issued by Simpar SA

Brazil's national development bank BNDES has committed to invest in transport conglomerate Simpar BMFBOVESPA:SIMH3 and some of its subsidiaries, becoming a minority shareholder in the firm, according to securities filings.