“Any merger and acquisition, whether on the buy side or the sell side, must add value,” Assumpção said, in a presentation to investors and market analysts.
Having made a series of investments over the past few years, the company is focused on achieving operational gains and reducing costs. One front that faces a lot of adjustment is selling, general, and administrative (SG&A) expenses, which according to Beto Abreu, president of Suzanne, are at unsatisfactory levels.
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