Find in the news:

BR Malls and Sonae create the largest shopping mall chain in Brazil

BR Malls Participacoes and Aliance Sonae Shopping Centers may merge to form Brazil's largest mall operator.
BR Malls and Sonae create the largest shopping mall chain in Brazil

As a result of the merger, Alliance Sonae Shopping Centers and BR Malls Participacoes will become Brazil's largest mall operator. The combined company will be valued at more than 12 billion reais, or $2.6 billion. 

As reported by Reuters, Aliansce Sonae has offered to buy BR Malls in order to create the country's largest chain of malls, consisting of almost 70 shopping centers. 

BR Malls and Aliansce Sonae are currently the second- and third-largest mall operators in Brazil. BR Malls is capitalised at R$7.2 billion and Aliansce Sonae is valued at R$5.6 billion. On the news of the new proposal, BR Malls shares rose more than 7%, while Aliansce Sonae securities rose 1.5%. 

In a fight between malls and the rapidly growing e-commerce market, whose position has improved dramatically over the past two years, this deal may be landmark. 

Aliansce Sonae is offering BR Malls shareholders a cash payment of R$1.25 billion and a 55.2% stake in the combined company. The payout comprises 326 million Aliansce shares worth R$6.9 billion. 

Past offers have been rejected by shareholders of BR Malls, who said they would negotiate if the terms of the offer represented "fair value" for the company. The common shareholder of the two companies is the Canadian Pension Investment Board (CPPIB), which owns 28.5% of Aliansce and 10.8% of BR Malls. 

More about shopping malls in Brazil

YESTERDAY, United Kingdom:
Abercrombie & Fitch marks its presence in the vibrant city of London.
YESTERDAY, United Kingdom:
Zara Pre-Owned service will also launch in Germany, Spain, Austria, Croatia and other countries.
The uniquely designed retail space, which offers an immersive retail experience, is located in Dosan Park.
This will be the most significant expansion in the company's history.
Dec 6, 2023, United Kingdom:
Brands available include Goyard, Chanel, Moncler, Gucci and Loewe.
Dec 6, 2023, India:
The fashion house expects a two-fold increase in sales through online channels.
and Follow
Mall of Tripla GLA:914 932 SF
ADDRESS: Veturitie 13
Finland . Helsinki
Mall of Tripla
I Viali GLA:452 084 SF
ADDRESS: Via Dei Cacciatori 111 - 10042 Nichelino TO - Piemonte
Italy . Torino
I Viali
Viaport Outlet GLA:748 092 SF
ADDRESS: Yenisehir Mah. Dedepasa Cad. No:19 Via Port - Pendik
Turkey . Istanbul
Viaport Outlet
Woodfield Mall GLA:2 200 000 SF
ADDRESS: 5 Woodfield Mall, Schaumburg, IL 60173
USA . Schaumburg
Woodfield Mall

Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by administrator.


Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by administrator.

Sign in
Sign in please, if you already have an account


Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please. Team
Thank you for message!
In the near future you will be contacted the manager
for further details. Team
Good mall, bro!
In the near future you will be contacted the manager
for further details. Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details. Team

Write to us