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Article Date: May 2019
Word Count: 100

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.

 


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