.
MergerLinks Header Logo

Announced

B2W to acquire Lojas Americanas for c. $1.2bn.

Financials

Edit Data
Transaction Value£863m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Pending

Brazil

Diversified Retailers

Acquisition

Single Bidder

Friendly

retail chain

Majority

Public

Domestic

Synopsis

Edit

B2W, a Brazilian retailer, agreed to acquire Lojas Americanas, a retail chain, for c. $1.2bn. As part of the deal, shareholders in Lojas Americanas will receive 0.18 B2W common share per Lojas share. Together firms will have c. 1.7k physical stores in 750 cities throughout Brazil. The deal is subject to the approval of shareholders of both companies. The meeting to vote is scheduled for June 10, 2021.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US