Totvs SA : Said on Tuesday that it had reached an agreement to sell 100 percent of Totvs Resultados em Outsourcing Ltda (Totvs RO) to Propay SA for 5.3 million Brazilian reais ($1.6 million) . The Agreement also establishes payment of an additional variable amount of up to 5.3 million reais adjusted by Selic rate, to be paid in 36 months and according to certain goals set for the client base of Totvs RO until July 31, 2017 .Totvs RO is engaged in providing services of Human Resources Business Process Outsourcing.
Totvs SA : Said on Monday that its board of directors had approved own capital interest payment for H1 2016, in the total amount of 43.6 million Brazilian reais ($13.4 million), corresponding to 0.2679 real per share . Record date is Aug. 4 . Shares to be traded ex-interest as of Aug. 5 .Payment on Aug 24.