Qualicorp Reaches 44.5 Million Real Settlement with Brazilian Authorities

Qualicorp has settled an agreement of 44.5 million reais with Brazil’s authorities, marking a definitive resolution to the case involving the company.

Qualicorp Consultoria e Corretora de Seguros SA has successfully finalized a settlement agreement worth 44.5 million Brazilian reais with Brazil’s Comptroller General and Solicitor General. This agreement signifies a conclusive resolution to the ongoing case, as stated in their recent filing. The settlement reflects Qualicorp’s commitment to compliance and cooperation with local authorities.

In conclusion, Qualicorp has entered into a significant financial settlement with Brazilian authorities, amounting to 44.5 million reais. This agreement not only resolves the pending case but also underscores the company’s strategic approach towards legal compliance and its engagement with regulatory bodies.

Original Source: www.marketscreener.com