Via Retail Auction has high demand and Klein gets R $100 mi in stocks

Via Retail Auction has high demand and Klein stands with R $100 mi in action, entrepreneur Michael Klein got fewer shares of Via retail than initially expected, after the auction at B3, which led to the departure of Grupo Pão de Açúcar (GPA) of the retailer's capital , have registered high demand. Initially, the idea was to buy R $300 million of the R $2.2 billion that were available at the auction, with the GPA slice. However, Klein ended up acquiring R $100 million in shares of Via Varejo, or about 1.5% of the capital. The rest remained in the hands of funds and other investors. The demand at the auction arrived, at a certain time, to R $3.7 billion, well above the volume on the table. Hand on Pasta One of the focuses of the new administration, headed by Roberto Fulcherberguer, is to "make the operation" online, that is, to recover the gross margin.