TOTVS Brasil Sales to acquire 68.5% stake in Ciashop - MarketLine Financial Deals

TOTVS Brasil Sales to acquire 68.5% stake in Ciashop

TOTVS Brasil Sales to acquire 68.5% stake in Ciashop - MarketLine Financial Deals
TOTVS Brasil Sales to acquire 68.5% stake in Ciashop
Published Dec 03, 2013
2 pages — Published Dec 03, 2013
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Abstract:

TOTVS Brasil Sales, Ltda., a subsidiary of TOTVS S.A., has entered into an agreement to acquire a 68.5% stake in Ciashop Solucoes para Comercio Eletronico S.A., a developer of an e-commerce platform, from IDEIASNET FIP I and the founders of CIASHOP for a consideration of BRL16.4 million ($7 million).

  
Source:
Document ID
MA143827_131213
Country
Ticker
TOTS3=BR
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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MLA:
MarketLine Financial Deals. "TOTVS Brasil Sales to acquire 68.5% stake in Ciashop" Dec 03, 2013. Alacra Store. Dec 06, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/TOTVS-Brasil-Sales-to-acquire-68-5-stake-in-Ciashop-2052-99493>
  
APA:
MarketLine Financial Deals. (2013). TOTVS Brasil Sales to acquire 68.5% stake in Ciashop Dec 03, 2013. New York, NY: Alacra Store. Retrieved Dec 06, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/TOTVS-Brasil-Sales-to-acquire-68-5-stake-in-Ciashop-2052-99493>
  
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