Grendene sells US subsidiary for 3.6 million dollars
In a statement sent to the market and shareholders last Monday, August 10, Grendene, one of the largest footwear manufacturers in the Brazilian and international markets, announced the sale of its US subsidiary, Grendene Global Brands USA, to Pajar USA inc. Upon completion of the transaction, Pajar will control 100 percent of the capital of GGB...
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