MRV revises US investment

MRV revises US investment

M&A Brazil United States

Brazil's MRV Engenharia has revised its offer to invest in AHS Residential, looking to acquire a 94.5% stake and invest $236 million in the Florida-based homebuilder. MRV initially outlined $220 million to $250 million in investments in AHS in September, but it postponed the deal to hear concerns from minority shareholders.  In the revised offer, MRV co-founder and CEO Rubens Menin will own 37.8% of the Belo Horizonte-based real estate company, up from 32.5%, rather than keep a stake in AHS, acc

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