From: Betinho Marques
“People speculate a lot, then close the deal and say it went wrong. There is none of this, of these quoted values (R $ 2.5 billion). “
So, a source in contact with FalaGalo he defined the possible eccentric values and above the reality widespread in recent days.
October SAF
FalaGalo, behind the news, has obtained that October will be one of the substantial advances in SAF Galo. Another source reported:
“There is no 2.5 billion. It’s a funnel, we started with 100 funds, about 10 NDA (Confidentiality Document) signed, about 3 or 4 are more involved in the process, even more: one of them is super busy. The deadline for the selection should be around four weeks, but it could be that other groups who have not signed the NDA so far. The process is a bit unpredictable, but we are making progress. Subsequently, the Council defines whether or not the process should go ahead with partner X and with the rules / conditions Y.
The investor Fenway and PSG did not flow
Despite the first concerns raised between Fenway and PSG investors, FalaGalo found that talks have not progressed and that other groups are closer and involved in the process, however, the names of potential investors have not been disclosed.
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