Temasek, Advent Said to Be in Talks for Brazil’s Sem Parar

Temasek Holdings Pte, Advent International Corp. and at least three other investors are in talks to buy a controlling stake in STP - Servicos & Tecnologia de Pagamentos SA, a Brazilian electronic-toll-collection company, two people familiar with the negotiations said.

STP, based in Osasco, hired Banco BTG Pactual SA to sell an undisclosed stake to fund expansion, said one of the people, who declined to be identified because the transaction is private.