Arezzo Indústria e Comércio S.A. (BOVESPA:ARZZ3) will look for merger and acquisitions (M&A). The company priced 10.13 million shares at BRL 82.35 each on February 3, 2022, a source with knowledge of the matter said. The offering raised BRL 834 million ($157.8 million), which the company plans to use for long-term investments, including new stores and potential mergers and acquisitions.
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- Arezzo Indústria e Comércio Reportedly to Seek M&A