LLX to shed 30% equity stake

The Brazilian logistics company LLX is to sell a 30% stake in its operations to a strategic investor for approximately $3.5bn. The sale is slated to take place before the end of 2009.

The Brazilian logistics company LLX is to sell a 30% stake in its operations to a strategic investor for approximately $3.5bn. The sale is slated to take place before the end of 2009.