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CADE notified of São Paulo state shopping center development deal

( February 26, 2014, 12:38 GMT | Official Statement) -- MLex Summary: The Brazilian antitrust authority is to review plans by real estate developers Intermaris Empreendimentos Imobiliários e Participações (Intermaris), São José Desenvolvimento Imobiliário 53 (SJDI 53) and São Paulo stock exchange-listed BR Malls for the creation of a entrepreneurial consortium. If approved, the aim of the deal, which is currently still in its infancy, will be to develop a new commercial real estate project in the form of shopping centers in the state of São Paulo.Read the statement below in Portuguese:...

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