Alpargatas changes ownership once more

2017-07-31T00:00:00

J&F Investimentos has concluded a deal to sell its controlling stake of 85.7 percent in Alpargatas, the company behind the Havaianas brand of rubber shoes, to three Brazilian investment firms for 3.5 billion reais (€958.9m-$1,100.1m). They are Cambuhy Investimentos, Itaúsa Investimentos and Brasil Warrant. All three of them are controlled ...

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