Brazil Sporting Goods Retailer Raises $180 Million in Offer

  • Centauro sold 30 million shares at 30 reais each on Thursday
  • Proceeds will be used for ongoing and future acquisitions

Photographer: Dado Galdieri/Bloomberg

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Brazilian sporting goods retailer Centauro raised 900 million reais (about $180 million) in a share sale.

The firm, formally known as Grupo SBF SA, sold 30 million shares at 30 reais each, according to a regulatory filing.