Radar > 238912

Blackstone in negotiatiations to acquire 50% of JHSF Participações shopping malls

Blackstone estaria negociando a compra de 50% dos shoppings da JHSF Participações

Intel ID : 238912
Synopsis

Blackstone (NYSE: BX), a US-based private equity firm, is negotiating the acquisition of 50% of JHSF Participações malls (BVMF: JHSF3), a Brazil-based company headquartered in São Paulo, according to Estadão on July 21, 2016 .

The private equity firm wants to buy 50% of mall's portfolio of the Brazilian company, consisting of five businesses: Cidade Jardim, Tucuruvi and Catarina Outlet Fashion, in São Paulo; Ponta Negra in Manaus; and Bela Vista, in Salvador. The portfolio is valued at more than BRL 2bn, the report noted.

Also according to the report, Bradesco BBI is leading the talks on the potential acquisition, hired by JHSF Participações to sound out the interest of investors.
(content in portuguese)

A Blackstone (NYSE: BX), private equity norte-americana, estaria negociando a compra de 50% dos shoppings da JHSF Participações (BVMF:JHSF3), empresa brasileira com sede em São Paulo, segundo publicou o Estadão em 21 de julho de 2016.

De acordo com a publicação, a private equity quer comprar 50% do portfólio de shopping centers da companhia brasileira, composto por cinco empreendimentos: Cidade Jardim, Tucuruvi e Catarina Outlet Fashion, em São Paulo; Ponta Negra, em Manaus; e Bela Vista, em Salvador. O portfólio é avaliado em mais de BRL 2bi.

Ainda segundo a notícia, as conversas sobre a potencial aquisição estão sendo conduzidas pelo Bradesco BBI, contratado pela JHSF Participações para sondar o interesse de investidores.

Bidder

Blackstone
United States

Target

JHSF Participações
Brazil

Advisors

prospect

Intel ID 238912
Value EUR 558,60m
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - JHSF Participações
(31 Dec 2024)
Revenue: -
EBITDA: -
Net Debt: -
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.09 Private Equity
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Real Estate and Construction / Real Estate (Primary)
Primary Sector (TTRSC)
25.03.01 Real Estate Development & Operating Companies
25 Financial Services / 25.03 Real Estate

Secondary Sectors (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Country
Website
Description

Financial Advisory

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.