L.A. Administradora de Bens e Participações Eirele acquired 42.6% stake in Têxtil Renauxview S.A. (BOVESPA:TXRX4) from D&D Administradora de Bens Ltda. for BRL 5.5 million on March 9, 2018. Under the terms of the deal, L.A. Administradora paid BRL 1.1 million at the date of the agreement and four installments of BRL 1.1 million each. The first installment will be due within 90 days after the date of the agreement and the rest of the installments will be paid within 90 days as form the previous installment. As part of transaction, L.A. Administradora acquired 0.8 million common shares representing 55.9% of the common shares and approximately 1 million preferred shares representing 35.7% of the preferred shares. L.A. Administradora de Bens e Participações Eirele completed the acquisition of 42.6% stake in Têxtil Renauxview S.A. (BOVESPA:TXRX4) from D&D Administradora de Bens Ltda. on March 9, 2018.