Tuesday, April 25, 2017

Ducoco is offered for sale

The food manufacturer Ducoco was put up for sale. The decision was made after the Bank FPB Bank Inc., located in Panama have suffered intervention, in February this year, after investigations that occurred in the field of car wash Operation. The institution belongs to the same owner of Ducoco, Nelson Noronha Patel. The Bank will lead the negotiations are in the final stages of selection, but the indication is that it is the Bradesco. Sought, the Ducoco doesn''t comment.
In analysis
The Bank will lead the negotiations are in the final stages, but the indication is that it is the Bradesco. Sought, the Ducoco said the company is being harassed since 2016, but denies that the possible sale of the business is related to the FPB. Says, however, that have talked to financial advisors
O Estado de S. Paulo - 25/04/2017
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