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LPS Agrees to Buy a 60% Stake of Imovel A For 24.3 Million Reais

By Helder Marinho - Oct 24, 2011

LPS Brasil Consultoria de Imoveis SA (LPSB3), a Brazilian real-estate brokerage, said it agreed to buy a 60 percent stake of Imovel A Consultoria Imobiliaria SA.

The acquisition is estimated at 24.3 million reais, LPS said in a regulatory filing today.

To contact the editor responsible for this story: Helder Marinho at hmarinho@bloomberg.net

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