Europe/Asia/Emerging RE - Stocks and Stakes
Private equity firm to sell BR Malls stake November 03, 2009 2:21 PM ET By A.J. Kornblith
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GP Investments, Latin America's largest private equity firm, plans to sell its stake in Brazil's BR Malls Participações SA, Reuters reported Nov. 3, citing Brazilian daily O Estado de S. Paulo. According to people familiar with the situation, GP Investments, which needs cash for two other companies it controls, could sell its holding to Sam Zell or investors in Brazil's equity markets, the newspaper said. |