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Brazilian mall operator Iguatemi proposes reorganization- filing

reuters.com · 09/01/2021 07:08
Brazilian mall operator Iguatemi proposes reorganization- filing

- Brazilian mall operator Iguatemi Empresa de Shopping Centers SA IGUEF proposed a corporate reorganization to be voted by shareholders on October 1, it said in a securities filing.

Private holding Jereissati Participacoes will incorporate Iguatemi Empresa de Shopping Centers. Shareholders in the currently listed company will receive units in the new company, representing a mix of common and preferred shares. The new company will be listed under the name Iguatemi SA.

In the filing, the company said the reorganization would allow for faster growth.


(Reporting by Tatiana Bautzer, Editing by Louise Heavens
)

((tatiana.bautzer@tr.com; Tel: +55-11-5644-7756; Mob: +55-119-4210-4173; Reuters Messaging: tatiana.bautzer.thomsonreuters.com@reuters.net))