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Canada Pension Fund May Convert Multiplan Shares, Valor Says

The Ontario Teachers’ Pension Plan may convert its preferred shares in Brazilian shopping mall company Multiplan Empreendimentos Imobiliarios SA into voting shares, Valor Economico reported, citing Multiplan’s Investor Relations Director Rodrigo Krause.

The conversion would give Multiplan the opportunity to list its shares on the Novo Mercado section of the BM&FBovespa stock exchange, according to the Sao Paulo-based newspaper.

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