Springer S/A (BOVESPA:SPRI5) entered into a share purchase agreement to sell 70.4% stake in Nova Nordeplast Indústria e Comércio de Plásticos Ltda for BRL 14.3 million on December 28, 2016. Out of the total amount, BRL 8.95 million will be immediately paid and BRL 5.39 million will be paid in 2 annual installments. An unknown buyer cancelled the acquisition of 70.4% stake in Nova Nordeplast Indústria e Comércio de Plásticos Ltda on December 28, 2017.