Americanas to Seek Buyer for Natural da Terra Unit

Americanas SA said in a statement Thursday that next week it will start the process to evaluate interested parties in the acquisition of the Hortifruti Natural da Terra business unit.

• The company hired Citigroup Global Markets Brasil, Corretora de Cambio, Titulos e Valores Mobiliarios SA as its financial advisor for conducting the market sounding process to reach interested parties
• Americanas said it has received “unsolicited approaches from parties potentially interested in Ame’s operations and, at that moment, took the decision to start a process of evaluating strategic alternatives for the business, which may involve preliminary contacts with potential interested parties” ...