Brazil's Azzas 2154 Splits Into Three, Not Two
15 Articles
15 Articles
Azzas 2154 announced on Wednesday (2) that its controlling shareholders, Alexandre Birman and Roberto Jatahy, have reached an agreement that will result in the division of the company into three new companies. The operation will consist of a partial division with the segregation of the brands and assets between Arezzo&Co and Soma, preserving the proportionality of the shares of the current shareholders in the share capital of both. At the end of…
Agreement between Alexandre Birman and Roberto Jatahy closes dispute in the fashion group; Arezzo&Co and Soma will be independent companies and will have shares negotiated separately on the Stock Exchange
Separation is to be completed in 2027 and provides new structure for brands such as Hering, Arezzo, Schutz, Animale and Farm Rio The post Dona da Hering, Azzas 2154 closes merger between Arezzo&Co and Grupo Soma and prepares ‘divorce' billionaire of brands apareceu primeiro em ND Mais
Company will be separated into two parts, with blocks formed by Arezzo&Co and Soma. Farm will have an independent structure
After two years of the creation of Azzas 2154, Arezzo&Co and Soma decided to separate the businesses and return to their origins.
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
