Magazine Luiza Ups Bid for Netshoes
After a rival bid for Netshoes emerged of $2.80, easily topping its $2.00 initial bid, Magazine Luiza agreed to raise its offer to $3 per share, and now values the troubled sneaker e-tailer at $93 million. The competing bid came from Grupo SBF, which controls Brazil’s largest sporting goods retailer, ... Log in to view full article.
