Investor group requests arbitration against Brazil’s Americanas and 3G Capital

Jan 19 (Reuters) – A group of investors requested a collective arbitration against troubled Brazilian retailer Americanas SA (AMER3.SA) and 3G Capital at the Brazilian stock exchange on Thursday, according to a legal document seen by Reuters.The investor group, known as Instituto Ibero-Americano da Empresa, demanded a provisional compensation of 500 million reais ($97 million) from the company and its reference shareholders, according to a filing to the arbitration chamber of the stock exchange seen by Reuters.A Rio court granted Americanas’ bankruptcy protection request on Thursday, days after the company uncovered nearly $4 billion in accounting inconsistencies, leading to a legal …
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