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.
(Reporting by Gabriel Araujo; Editing by David Goodman)