Brazil tycoon Diniz mulls property sale to CPPIB, Brookfield: Reuters
Brazilian billionaire Abilio Diniz is considering selling a portfolio of commercial properties for about US$706 million, a move that would give him extra funds to invest in France's Carrefour SA, sources told Reuters. Península Participações, the investment vehicle overseeing Diniz's fortune, has discussed the sale of 62 supermarkets with Canada Pension Plan Investment Board (CPPIB), Brookfield Asset Management and BR Properties SA, one of the sources said.
18 February 2015•3 mins read
