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Sonae Sierra Sells Stake in Shopping Mall to Credit Suisse Fund

Sonae Sierra Brasil SA said it sold a 5.1 percent stake in a shopping mall to CSHG Brasil Shopping FII, a fund managed by Credit Suisse 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.

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