Fnac Says It Is, But Will Seek Investors

After shaking the news of Ash Wednesday, the Fnac Brazil finally declared itself as the end of its operations in the country. According to the company, the intention of the global company to the brazilian subsidiary is not to shut down operations, on the contrary, the intention is to get investors and ensure the expansion of the business. Check out the press release in full, the Fnac Brazil:
ANNOUNCEMENT to the market the Fnac announced on Tuesday the result your 2016. The new group Fnac Darty is now focused on the new strategy of integration with Darty, becoming an important player on the European continent. The brazilian operation must have a critical size in order to be relevant and strengthen your market position. Because of this, Fnac began an active process of search of local partner to continue and strengthen your operation in the country.