With low cash position, retail giant tries to reverse bank compensations while negotiating a standstill 01/19/2023 Company has R$800 million available in cash, sources say — Foto: Marcia Foletto/Agência O Globo Nine days ago, when Americanas presented the accounting inconsistencies to the market, the then CEO Sergio Rial pointed out a comfortable cash position to […]
Lawyer hired to defend their rights also intends to hold accountable auditors of PwC 01/18/2023 Legal strategy targets personal assets of executives and the controlling group — Foto: Dado Galdieri/Bloomberg Minority shareholders of retail giant Americanas will request the Prosecution Service (MPF) in Brasília to investigate criminal responsibilities and freeze assets of those responsible for […]
Brazilian bank’s local subsidiary is the fastest-growing credit card issuer in the country 01/18/2023 David Vélez — Foto: Ana Paula Paiva/Valor Nubank will strengthen its presence in Colombia with a loan of up to $150 million from the International Finance Corporation (IFC), a member of the World Bank Group. The local currency loan over a […]