Multiplan Sells Sao Paulo Building to Oracle for $95.8 Million

Multiplan Empreendimentos Imobiliarios SA (MULT3) sold Morumbi Business Center, an office building in Sao Paulo, to Oracle do Brasil Sistemas Ltda., a unit of Oracle Corp. (ORCL), for 165 million reais ($95.8 million), the company said in a statement posted on its website yesterday.

To contact the reporter on this story: Felipe Frisch in Sao Paulo at ffrisch1@bloomberg.net

To contact the editor responsible for this story: Helder Marinho at hmarinho@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.