Brazil's BRMALLS plans 800 mln reais stock sale

Wed Jun 10, 2009 11:29pm BST
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SAO PAULO, June 10 (Reuters) - Brazilian shopping mall operator BRMALLS Participacoes (BRML3.SA: Quote, Profile, Research) filed on Wednesday to sell as much as 800 million reais ($410 million) in stock.

The company said about 500 million reais will come from the sale of new shares, while about 300 million reais will come from an offering of existing stock. ($1=1.951 reais) (Reporting by Aluisio Alves; Writing by Elzio Barreto; Editing by Phil Berlowitz)

 
 
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