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Alpargatas on verge of second sale in 18 months

29/06/2017
Alpargatas on verge of second sale in 18 months

Casual footwear manufacturer Alpargatas has announced that its controlling shareholder J&F Investimentos has signed a confidentiality agreement with private equity group Cambuhy Investimentos to sell the company. J&F purchases Alpargatas, best known for its Havaianas brand of flip flops, 18 months ago and owns 54% of the company’s shares.  The...

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