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Sonae increases Barbosa stake

Barbosa e Almeida of Portugal shares closed up 3.81% recently, although they rose higher in mid-session. According to a report, this was because Sonae announced it had bought a further 19.9% of the co…

Barbosa e Almeida of Portugal shares closed up 3.81% recently, although they rose higher in mid-session. According to a report, this was because Sonae announced it had bought a further 19.9% of the company with an investment of Esc 5.9 billion. Sonae now holds 39.8% of the company.

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