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Alpargatas sale may be affected by JBS plea-bargain uncertainty

26/09/2017

J&F Investimentos, which owns crisis-hit meat and leather producer JBS, has announced the completion of the sale of casual footwear manufacturer Alpargatas. The company has been purchased for 3.5 billion reais ($1.1 billion) by Cambuhy Investimentos, Itaúsa Investimentos and the Brasil Warrant fund.  Proceeds from the deal are likely to go...

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