BR Malls shareholders request vote on Aliansce tie-up

2022.04.01 15:14

SAO PAULO (Reuters) – Brazilian shopping mall operator Aliansce Sonae on Friday said that a group of shareholders in rival BR Malls has asked for a vote on a potential tie-up between the companies.

Aliansce Sonae, which has had two tie-up offers rejected by the BR Malls board, said that asset managers Truxt Investimentos, Oceana Investimentos and Miles Capital have now asked for a shareholder meeting to vote on a deal, arguing that such matters should be decided by the shareholders rather than the board.

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