Two weeks ago, in order to increase the stock liquidity, Forus topped 3% property traded, more than U.S. $ 40 million.
Market capitalization of the company has increased six times since early 2007
Two weeks ago, in order to increase the stock liquidity, Forus topped 3% property traded, more than U.S. $ 40 million.
The company bought in the last few months two operation that will that will enable them to enter the youth niche, which should represent 10% of revenues in two years.
Forus raised some more. The auction of 3% on Friday made Forus eventually grossed CL$21,118.5 millions (US$ 39.9 mills.). The adjudication price off CL$2,707.5 per share, was more than the CL$2,675 initially considered.
Forus informed yesterday the adquisicion of SanMaree PTY society, Perú branch, representing the brands Billabong, Element and Von Zipper in that market, fixed assets and inventories for US$4,55 millions.
The retail operator signed two framework agreements and two distribution agreements in Chile and Peru with Burleigh Point Limited. The transaction amounts to US$ 14 million.
The retail operator communicated to the SVS that the acquisition include stores, merchandise, in addition to franchises as a distributor of the brands Skullcandy, Alpinestar and Dakine.
Forus was awarded one of the Top 100 companies to invest prizes, according to Capital Magazine and Santander GBM. Forus was awarded “Major stock market performance Small Caps” and “Mayor Value Creation” on the Retail Sector.
Among the new locations to open in Chile would Egaña, Dominicos, Valdivia and Puerto Montt.
Alfonso Swett Opazo, Executive Director of Holding talked on entering new markets, and confirmed they have been “strongly” studying Brazilian markets and looking to Mexico “again”.
