Grupo Mateus Combines Capital Boost with Interest on Equity Payout

Grupo Mateus, a major player in Brazil’s retail industry, has announced significant financial decisions. The company’s Board of Directors approved a capital increase of up to R$ 363.6 million ($63.8 million). This move will involve issuing between 37,583,410 and 49,270,862 new ordinary shares at R$ 7.38 each. The capital increase will boost Grupo Mateus‘ total […]

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