Bidding War for Netshoes Escalates
Grupo SBF, parent of sporting goods retailer Centauro, increased its bid to $3.50 per share, or $109 million, for the struggling South American footwear e-tailer and said it would also give the firm BRL 70 million ($17.4 mm) in financial support following a shareholder meeting scheduled for May 30 so it could resume shipping. The ... Log in to view full article.
