Creditors Take Stake in Allianca and Light After Collateral Call
ALight SA electricity substation in Rio de Janeiro, Brazil.
Photographer: Dado Galdieri/Bloomberg
Creditors who financed troubled-asset investor Nelson Tanure moved to seize part of his stakes in Allianca Saude e Participacoes SA and Light SA after executing shares pledged as collateral in a transaction tied to his acquisition of Ligga Telecomunicacoes SA.
As a result, Tanure has lost part of his holdings in the health-care company and the utility, according to regulatory filings.