Unknown buyer entered into a share purchase agreement to acquire 99.6% stake in Springer Plasticos Da Amazonia S/A. from Springer S/A (BOVESPA:SPRI5) for BRL 10.6 million on March 23, 2016. The stake sold is formed by 26.25 million common shares and 0.24 million Class A preferred shares. As a result of the sale, Springer S/A will receive BRL 10.6 million out of which BRL 1 million will be paid in advance after the fulfillment of all the legal requirements and payment will be made during 60 months. Unknown buyer cancelled the sale of 99.6% stake in Springer Plasticos Da Amazonia S/A. from Springer S/A (BOVESPA:SPRI5) on March 23, 2017.