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Magazine Luiza SA (MGLU3.SA)

MGLU3.SA on Sao Paulo Stock Exchange

105.09BRL
18 May 2018
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Tue, May 8 2018

Brazil's Magazine Luiza eyes M&A for payments, plans to sell apparel

SAO PAULO Magazine Luiza SA , Brazil's third-biggest online retailer by sales, is looking to improve its payment systems either through internal development or by acquiring startups, Chief Executive Frederico Trajano said on Tuesday.

Brazil's Magazine Luiza eyes M&A for payments, plans to sell apparel

SAO PAULO, May 8 Magazine Luiza SA, Brazil's third-biggest online retailer by sales, is looking to improve its payment systems either through internal development or by acquiring startups, Chief Executive Frederico Trajano said on Tuesday.

UPDATE 1-Brazil's Magazine Luiza reports strong profit as e-commerce takes off

SAO PAULO, May 7 Brazil's Magazine Luiza SA , an electronics and appliance retailer whose share price has tripled in the last 12 months, again reported a strong rise in quarterly profit on Monday and pledged to accelerate its already aggressive growth.

Brazil's Magazine Luiza reports strong rise in quarterly profit

SAO PAULO, May 7 Brazil's Magazine Luiza SA , an electronics and appliance retailer whose shares have more than tripled in the last 12 months, reported a strong rise in quarterly net income on Monday, as e-commerce sales sky-rocketed.

UPDATE 1-Controlling shareholder in Magazine Luiza to run for BRF´s board

SAO PAULO, April 17 Luiza Helena Trajano, controlling shareholder in Brazilian appliance retailer Magazine Luiza SA, is one of the candidates to join poultry exporter BRF SA´s board, according to documents related to the board election.

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