DASA Holders Reduce Stake

Brazil’s Auriemo family has sold part of its stake in Diagnosticos da America, the company says. The Auriemos sold 6m common shares, or 10.45% of the outstanding float, in the medical services provider, for an undisclosed amount via an auction on the Sao Paulo stock exchange. The transaction leaves the Auriemos with less than 5% of the company, which was first publicly listed in 2004. Dasa shares opened Friday at BRL37.25, and closed at BRL36.86, implying a value of BRL221.1m-BRL223.5m for the 6m share stake. Caio Auriemo stepped down as Dasa’s chairman in 2005 after a 35-year tenure at the company and its predecessor.