BR Malls Adds 33% Mall Stake

BR Malls Adds 33% Mall Stake

Brazil M&A

BR Malls has acquired a 33% stake in the Itau Power shopping center, cementing its presence in Brazil’s Minas Gerais state. BR Malls will pay BRL85.5m ($51m) for the participation, plus an additional BRL2.3m for one third of the parking operation, th

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