Patria values Randon's consortia at R$ 1.6 billion - 60% of its market cap

Randon has just announced that it is selling 20% of its consortium and insurance operation to Pátria, in a transaction that will give firepower to the semitrailer and body manufacturer to accelerate the pace of expansion of these businesses, including with M&As. The transaction also evidences Randon's discounted value on the stock exchange. Pátria's investment values Randon's consortium and insurance business unit at R$ 1.6 billion, with the man…