Apollo should buy owner Ricardo Eletro

The retailer of home appliances, vending machine, owner of Ricardo Eletro will be sold by R $500 million to the American Fund Apollo, according to speculation in the market. The company would have difficulty after the crisis of recent years in the country. The debts of the group are evaluated in the order of R $1.28 billion. After the sale, President Ricardo Nunes should remain at the vending machine, however as a junior partner. Currently, Ricardo Eletro has 600 stores. Sought by the Cute News, Sales machine doesn't talk about the case.