December 4, 2018 |
Aliansce Shopping Centers and Sonae Sierra have confirmed that are in talks to discuss a possible merger but add that they have not reached an agreement or even structured a possible deal.
"To this date, there is no guarantee as to the implementation of any potential transaction between the parties," the companies both said in separate statements.
The Brazilian newspaper O Globo reported on December 2 that Aliansce and Sonae had held a new round of meetings in London in the past few days. Local
Shopping mall operators confirm discussions, but say they have not reached a deal