The SBF Group, owner of Centauro, announced the acquisition of Nike brand operations in Brazil. The contribution is R$ 900 million and the transaction is subject to authorization from the Administrative Council of Economic Defense (Cade). Centauro will be the exclusive distributor of Nike products in the country, including footwear, clothing, accessories and equipment, as well as operating and opening brand stores for the initial period of five years and controling e-commerce for ten years.
Giro News - 06/02/2020
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