In this piece, we will take a look at Jorge Paulo Lemann’s stock portfolio. If you want to skip our overview of Lemann, his firm, and the latest news revolving around 3G Capital, then you can skip ahead to Jorge Paulo Lemann’s Hedge Fund 3G Is Betting On These 5 Stocks. Jorge Paulo Lemann is […]
SAO PAULO (Reuters) -Creditors of Brazilian retailer Americanas approved a restructuring plan on Tuesday, which features a $2.5 billion capital injection by main shareholders and a divestment agenda aimed to cut its around 50 billion reais ($10.28 billion) debt. Americanas, a nearly century-old company backed by the trio of billionaires who founded 3G Capital, filed for bankruptcy earlier this year after uncovering $4 billion of accounting inconsistencies. The approval marks a key step for Americanas, but it still needs to be ratified by a Brazilian judge.
Just Sold: Bloomington company buys former fitness center finance-commerce.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finance-commerce.com Daily Mail and Mail on Sunday newspapers.