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2 results for “corporate split”

Azzas 2154 receives 15 bids for Farm Rio, valuing brand above parent
Investing• 3h ago

Azzas 2154 receives 15 bids for Farm Rio, valuing brand above parent

Non-binding offers of up to BRL 4 billion for the flagship fashion brand expose a massive valuation gap on the Brazilian stock exchange.

S&P Downgrades Brazilian Retail Giant Azzas on Corporate Split, Weak Q2 Results
Markets• Sep 07

S&P Downgrades Brazilian Retail Giant Azzas on Corporate Split, Weak Q2 Results

S&P National Ratings lowered Brazilian fashion group Azzas (AZZA3) credit rating and placed it on CreditWatch Negative, citing reduced scale from a spin-off.