Sonae Sierra Brasil/ Aliansce merger

5/8/2019

Merger

Value:

R$ 7 billion

Status:

Completed

Date:

5/8/2019

Overview:

Sonae Sierra Brasil and Aliansce Shopping Centers have merged in a transaction valued at BRL7 billion (USD$1.7 billion).
Aliansce's shareholders will own a 67.9% stake in the merged entity and Sonae Sierra's shareholders will own a 32.1% stake.
The portfolio of the combined company will include 40 malls.

Rani Mehta - Latin America Editor

Jurisdiction:

Brazil

Deal type:

Merger

Practice area:

M&A

Industry sector:

Consumer goods and services

Firms:

BMA - Barbosa Müssnich Aragão

Party: Aliansce Shopping Centers (Merger party)

Lawyer: Luís Flaks

Pinheiro Neto Advogados

Party: Sonae Sierra (Merger party)

Lawyer: Fernando Zorzo

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