Iguatemi SaBMFBOVESPA: IGTI3

Brazil's Iguatemi Enters Binding Proposal To Sell 4 Minority Stakes For 372 Million Reais

· Issued by Iguatemi SA

Iguatemi SA BMFBOVESPA:IGTI3:

  • SUBSIDIARIES AND XP MALLS FUND ENTER BINDING PROPOSAL FOR SALE OF MINORITY STAKES IN 4 REAL ESTATE ASSETS - FILING

  • ASSETS INCLUDE 9% IN IGUATEMI ALPHAVILLE, 23.96% IN IGUATEMI RIBEIRAO PRETO, 18% IN IGUATEMI SAO JOSE DO RIO PRETO AND 7% IN PRAIA DE BELAS

  • TOTAL VALUE OF TRANSACTION IS 372 MILLION REAIS

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