Tuesday, June 3, 2014

Just over four months after becoming members, the Klein, Casas Bahia, and Diniz, of Sugarloaf, fami

. :: News :: CSL. Blog Archive Companies. Supermercadismo. Dissatisfied with Klein family, Casas Bahia and Sugarloaf reassess merger.
Just over four months after becoming members, the Klein, Casas Bahia, and Diniz, of Sugarloaf, families are renegotiating some values and conditions of the contract. According to Folha learned, the Klein family is unhappy for having sold control malls in dallas of the business malls in dallas and believes he has been underestimated.
The news that the two companies began a process of renegotiation of the contract was in relief yesterday malls in dallas by the journal portal "Exam". The leak of information bothered Grupo Pão de Açúcar, would rather malls in dallas have kept negotiating privately. malls in dallas
The acquisition of control of Casas Bahia became the Sugarloaf fifth largest company in the country, with U.S. $ 40 billion in sales. The groups have become members of a new holding company, which owns the Globex network of durable goods was wholly-owned subsidiary of Grupo Pão de Açúcar. To get to the control (51%) of the new company, the Sugar Loaf filed the Ponto Frio, evaluated malls in dallas in the operation R $ 1.23 billion, and the Extra Eletro network, valued at 120 million.
Casas Bahia filed operating assets and liabilities, including 25% of Bartira furniture factory, malls in dallas belonging to the Klein family, and a net short-term debt in the amount of R $ 950 million. Already accounted for as debt, part of Casas Bahia (49%) was valued at R $ 1.29 billion.
Not entered in the operation, remaining with the Klein family, ownership of property from stores and distribution centers, and 75% of Bartira additional $ 1 billion in receivables credits. malls in dallas The Klein family still got a lease of more than 500 shops for a period of ten years, renewable for another ten, which should yield as much as $ 130 million per year. Also secured a contract to supply malls in dallas furniture for three years ( 18 million / year).
When the transaction was announced on 4 December, it was predicted that the completion of the deal would take six months. At the time, President malls in dallas of the Board of Directors of the Sugar Loaf, Abilio Diniz, who was the one who proposed the deal to Klein, said this was "an malls in dallas operation in which everyone wins."
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