The announcement on Saturday came barely a day after the dismissal of Eduardo Baptista following the team's 2-3 Copa Libertadores loss to Bolivia's Jorge Wilstermann on Wednesday, reports Xinhua news agency.
"It's with great pleasure and satisfaction that I confirm that I've come to an agreement with Palmeiras," the 53-year-old said in a statement on the club's official website.
"I come here with a let of energy and determination to work, while knowing that expectations for success are going to be even higher this time. I'm confident that with the help of the players, directors and my coaching staff, we will fight for all of the club's major objectives."
Cuca, whose birth name is Alexi Stival, led Palmeiras to 28 wins, 11 draws and 11 losses during his successful first spell in charge of the club last year. The Serie A title was the Sao Paulo outfit's first triumph in Brazil's top flight since 1994.
Capped once for Brazil's national team, Cuca also represented Palmeiras as a player in 1992.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
About VDC
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.