Barbosa e Almeida is to invest Esc 2.5 billion in buying 25% of Vilesa, giving it 90% of the company. Barbosa, in spite of making losses in Mozambique, where it has now sold its factories, closed 1999…
Barbosa e Almeida is to invest Esc 2.5 billion in buying 25% of Vilesa, giving it 90% of the company. Barbosa, in spite of making losses in Mozambique, where it has now sold its factories, closed 1999 with consolidated profits of Esc 500 million against losses of Esc 600 million in 1998. The board is not proposing a dividend.