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General Shopping Seeks Investor, Is Talking to BTG, Valor Says

General Shopping Brasil SA is seeking a strategic investor and is in talks with Banco BTG Pactual SA’s private equity arm and U.S. real estate investor Simon Property Group Inc., Valor Economico reported, citing unidentified people with knowledge of the negotiations.

General Shopping, BTG and Simon Property declined requests for an interview, the Sao Paulo-based newspaper said.

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