Date:
BYD and Sigma did not immediately respond to Reuters requests for comment.
Sigma said in January it had initiated a primary listing of Sigma Brazil on Nasdaq and the Singapore stock exchange.
BYD, backed by Warren Buffet’s Berkshire Hathaway, said in July it would invest 3 billion reais ($600 million) in a new industrial complex in northeastern Brazil, with operations expected to start in mid-2024.
($1 = 4.8539 reais)
(By Chandni Shah; Editing by Christian Schmollinger and William Mallard)
NewsGala, a modern financial media outlet by Zeni Capital Corp. With 35 years of international finance expertise NewsGala strips away the distractions to provide timely and relevant financial news.
Our mission is to position our readers to have the best information to make profitable financial decisions and set realistic goals.
© 2021 Newsgala.com. All Rights Reserved.
