BR Properties defines the allocation of assets from the sale of assets

Valor Econômico

BR Properties informed that it intends to use the first instalment of the payment related to the sale of assets to Brookfield to pay off the company's debt.

The first instalment of R$4.18 billion is scheduled to be paid upon finalizing the transaction.

The purchase has not yet been completed, pending a final decision for approval by the Administrative Council for Economic Defense (Cade).

Read full story (in Portuguese).

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