January 31, 2014 / 8:36 PM / 4 years ago

Brazil's HRT shareholders agree to end legal dispute over company

SAO PAULO, Jan 31 (Reuters) - Brazilian investment holding company JP Petrochem Participações Ltda and money manager Discovery Capital Management LLC agreed on Friday to put an end to a legal dispute over their interests in Brazilian oil producer HRT Participações em Petróleo SA, according to a securities filing on Friday.

HRT shares fell 4.1 percent to 1.17 reais on Friday. The stock is up 28.6 percent this year after plunging 80 percent in 2013.

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