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Vista Alegre shares rise 4% after the incorporation of Cristiano Ronaldo to the capital

The shares of Vista Alegre Atlantis (VAA) closed this Monday growing 3.88%, up to 1.07 euros, an increase of four cents compared to Friday, when the entry of Cristino Ronaldo into the company’s capital was announced.

In this Monday’s session, the shares of the porcelain company reached a maximum of 1.14 euros.

The player Cristiano Ronaldo bought 10% of the capital of Vista Alegre Atlantis and agreed to acquire 30% of the capital of Vista Alegre Spain, the market reported this Friday.

Cristiano Ronaldo buys 10% of Vista Alegre and partners to bring the brand to the Middle East and Asia

“Cristiano Ronaldo, one of the best players in the history of world football and the most well-known and admired Portuguese personality in the world, acquired today [sexta-feira]through CR7, SA and in strategic alignment with the Visabeira Group, 10% of the capital of Vista Alegre Atlantis,” the company said in a statement.

The player and the businessman also agreed to the purchase, which will be completed in the coming days, of 30% of the capital of Vista Alegre Spain.

At the same time, the captain of the Portuguese soccer team and Vista Alegre announced the creation, “in equal parts”, of a company in the Middle East and Asia, with the aim of growing the Vista Alegre and Bordallo Pinheiro brands in those markets . .

The value of the deal was not disclosed.

Source: Observadora

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