Alpargatas confirms that can be sold

The Sneakers released fact on Monday, 05, stating that its parent company, Camargo Correa, by virtue of the interest flagged by investors, is analyzing strategic opportunities related to its investment in the company, which may even involve the change in composition of the control of the company.
According to Sneakers, Camargo Correa still has not taken any decision in that regard.
The statement is a response to the report published in the newspaper O Estado de s. Paulo.
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According to the newspaper, the Camargo Corrêa group put up for sale part of its business, including Alpargatas (owner of Flip-flops), a slice of InterCement cement Division and does not rule out disposing of the participation that has on CPFL, energy.
According to the report, the funds will be used to reduce its debt and as a reserve to pay heavy fines.
The construction company, one of the contractors involved in 23 car wash Operation, which investigates corruption at Petrobras, closed leniency agreement (snitch) to return $ 700 million to the public coffers.
This is not the first time that control of the Sneakers is traded on the market. The newspaper found that the company was offered for funds and other companies in recent months.
"We sought by banks, which offered us the business understand that Sneakers are not part of the core business of Camargo Corrêa", said the Executive of a large investment fund.
Although the process is underway, there is still no firm offers by 44.12 percent that are in the hands of Camargo. The company's market value is of r $ 3 billion, 35% lower than 12 months ago, according to Economática.