Net investment hedge on partial disposal of subsidiary by cancellation of shares

So there are 4 parents of one subsidiary
: All euro entities..One parent injected BRL 1200 mln (317mln €)
: In January
And became 94% parent from 8% Now that subsidiary is paying back to the same parent the 1200 BRL
So again its share will come down to 8%
And the amount in euro is 327 mln..however control of group on subsidiary remains as from Unilever prospect
Also there was settlement of net investment hedge taken for the same capital reduction amount
Now the question is whether this should be considered as disposal for consolidated and standalone… and recycling of hedge results to P&L
Or for consolidated not as disposal and standalone as disposal
Also how that 10 mln euro amount be shown..whether in PL or investment

1. Should we treat it as partial disposal in group (Consolidate) books and local (Standalone) books, if yes then shall we reclass the net investment hedge reserve to P&L.
2. If we treat it as disposal only in standalone books, shall we have different accounting for group and local i.e. reclassing to P&L in local and in reserve in group books?
3. What to do with the FX difference in investment as we paid EUR 355 mln (BRL 1200 mln) for investment, but while receiving it would be around 327 mln (BRL 1200 mln). In our opinion if we do not reclass hedge results to P&L, it should be in investment otherwise P&L.