News

Alpargatas deal off after price dispute

12/07/2017

J&F Investimentos will not be selling casual footwear manufacturer Alpargatas to two prominent Brazilian investment groups due to a disagreement over price, Reuters has reported. Quoting a person with direct knowledge of the matter, Reuters explained that the potential buyers, Cambuhy Investimentos and Itaúsa Investimentos, had asked J&F to lower ...

To continue reading this story, please sign in or register.

Related stories:

Alpargatas struggled outside of Brazil in first quarter 16/05/2018
Alpargatas struggled in 2017 21/02/2018
Decline of Alpargatas continues in third quarter 17/11/2017
Alpargatas sale may be affected by JBS plea-bargain uncertainty 26/09/2017
Alpargatas struggles in Q2 as sale is approved 09/08/2017
J&F to sell Alpargatas for $1.1 billion 17/07/2017
Alpargatas on verge of second sale in 18 months 29/06/2017
JBS parent company may sell footwear group 25/05/2017
Alpargatas sees increase in profit despite sales dip 10/05/2017
Solid year for Alpargatas in 2016 22/03/2017
New man takes the reigns at Alpargatas Argentina 15/02/2017
Alpargatas Argentina loses CEO amid factory closures 26/01/2017

Footwearbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.