Tempo Participacoes Is Looking for Business Opportunities, Possible Sale

Tempo Participacoes SA said it’s being advised by Banco BTG Pactual SA and UBS Securities LLC as it looks for potential business opportunities or a possible sale.

Tempo said it hasn’t signed any agreement yet. The company was responding to a report in Valor Economico today that said Tempo hired UBS AG to find a buyer.

To contact the reporter on this story: Laura Price in London at lprice3@bloomberg.net

To contact the editor responsible for this story: José Sergio Osse at josse1@bloomberg.net

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