Americanas to seek bidders for fruit and vegetable unit - News Summed Up

Americanas to seek bidders for fruit and vegetable unit


Source: prnewswire.comBrazil's Americanas to seek bidders for fruit and vegetable unitBrazil retailer Americanas SA said it will next week start to seek potential bidders for the acquisition of its Hortifruti Natural da Terra (HNT) business unit. Source: esmmagazine.comIndia: Siply-backed Ayekart Fintech picks up minority stake in Nature's Fresh ExpressIntegrated supply chain and finance platform Ayekart Fintech, which counts Caspian debt and Siply as among its investors, said it has picked up a minority stake in Nature's Fresh Express, a supplier of exotic fruits and vegetables. The Mumbai-based company added that the investment will help it to tap into Nature's Fresh Express’ extensive network of farmers and other stakeholders in the country’s vegetable market. Q1 2023 loss for the period improved by 43% year-over-year to $250mln. Q1 2023 adjusted EBITDA improved by 77% year-over-year to $66mln, with deliveries segment adjusted EBITDA margins at an all time high.


Source: The Guardian May 19, 2023 12:01 UTC



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