Sonae Sierra Sells Stake in Shopping Mall to Credit Suisse Fund
By Adriana Brasileiro -
2012-02-06T20:41:11Z
Sonae Sierra Brasil SA (SSBR3) said it sold a 5.1 percent stake in a shopping mall to CSHG Brasil Shopping FII, a fund managed by Credit Suisse (CSGN) Hedging-Griffo, a Brazilian asset manager owned by Credit Suisse Group AG, according to a regulatory filing.
The fund paid 11.5 million reais in cash for the stake, Sonae Sierra said in the statement.
To contact the reporter on this story: Adriana Brasileiro in Rio de Janeiro at abrasileiro@bloomberg.net
To contact the editor responsible for this story: Fabiola Moura at fdemoura@bloomberg.net
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