Nelson Tanure, Brazil’s Biggest Distressed Investor Becomes Distressed
Key Points — Brazilian tycoon Nelson Tanure invested at least R$1.6 billion ($280 million) in Banco Master since 2020 through offshore vehicles, and investigators are examining whether he became a hidden shareholder of the collapsed bank — With assets frozen and credit lines cut, Tanure has been forced to sell his stake in oil producer […] The post Nelson Tanure, Brazil’s Biggest Distressed Investor Becomes Distressed appeared first on The Rio Times.
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Key Points — Brazilian tycoon Nelson Tanure invested at least R$1.6 billion ($280 million) in Banco Master since 2020 through offshore vehicles, and investigators are examining whether he became a hidden shareholder of the collapsed bank — With assets frozen and credit lines cut, Tanure has been forced to sell his stake in oil producer […]
The post Nelson Tanure, Brazil’s Biggest Distressed Investor Becomes Distressed appeared first on The Rio Times.
