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The completion of the acquisition of Eldorado Brasil, J & F Investimentos, by Paper Excellence is in the home stretch. The group already holds 49.4% of the shares of the Brazilian pulp company and is expected to close the process of total acquisition of control until August 10, in a transaction that generated R $ 15 billion
Feng shui. The sales contract was signed in the early hours of a Saturday, September 2 last year, because the Paper Excellence controllers, of Chinese origin, follow the principles of feng shui. According to this chain of thought, the conclusion of the markets on September 1st would not bring luck. This time they will not have to turn the night.
improvement. Completing its badet sales strategy, J & F Investimentos continues to make progress in improving the corporate governance of its companies, following the group's crisis last May. The company has just hired the consulting firm Ernest & Young to badist the group in setting up compliance in their businesses.
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