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Multiplan Pays 231 Million Reais for Wal-Mart Land in Rio

Dec. 16 (Bloomberg) -- Multiplan Empreendimentos Imobiliarios SA paid 231 million reais ($124.8 million) for 36,000 square meters of land now ocuppied by a Wal-Mart Store Inc. hypermarket in Barra da Tijuca, Rio de Janeiro, the real estate company said in an e-mailed statement.

Link to Company News:{MULT3 BZ <Equity> CN <GO>} Link to Company News:{WMT US <Equity> CN <GO>}

To contact the reporter on this story: Fabiola Moura in New York at fdemoura@bloomberg.net

To contact the editor responsible for this story: Adriana Chiarini at achiarini4@bloomberg.net

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