Alpargatas informs that this Tuesday (19) it concluded the sale of its entire stake in Terras de Aventura Indústria de Artigos Esportivos (Osklen), to Dass Nordeste Calçados e Artigos Esportivos, corresponding to 60% of the capital Osklen’s social
In a material fact sent to the Securities and Exchange Commission (CVM), the company explains that the conclusion takes place in view of the fulfillment and/or waiver of all conditions precedent set out in the transaction agreement.
“The sale of the stake held in Osklen is in line with Alpargatas’ strategic planning, which foresees its organic growth, through the expansion of Havaianas in beyond core categories, and also the company’s inorganic growth, through new brands, new products or new digital solutions”, says the company.
On the occasion of the announcement of the deal, in November of last year, the value of the deal is R$ 400 million.
Source: CNN Brasil
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