B2W Companhia Digital (BTOW3.SA)
27 Apr 2017
Latest Key Developments (Source: Significant Developments)
B2W Companhia Digital
B2W Companhia Digital:Signs contract to sell 100 percent of INGRESSO.COM LTDA to Fandango Media LLC, for 280 million Brazilian reais. Full Article
B2W Companhia Digital:Says that its subsidiary 8M Participacoes Ltda signed a contract to acquire Sieve Group Brasil Tecnologia, for the price of 88.56 million Brazilian reais, plus $13.83 million, partially paid in cash at the signing and another at term.There is also a clause for additional payment of up to 7 million reais payment, 5 years after the closing of the deal.Contract signed with Usina Internet Group LLC (controlled by ACP Investments) and other minority shareholders. Full Article
SAO PAULO, March 27 GPA SA, Brazil's largest diversified retailer, denied on Monday reports that it had suspended the sale of a controlling stake in its appliance unit Via Varejo SA, according to a securities filing.