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

To contact the editor responsible for this story: Helder Marinho at

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