Cencosud will open real estate business and could raise about US $ 1,000 million
Just a few minutes before initiating the conference call with analysts for its quarterly results, Cencosud launched a bomb: by an essential fact, he gave an account of his decision to open to the market the business of shopping centers, made up of "the existing Shopping Centers, the Expansions of Shopping Centers and new projects, all from Chile, Peru and Colombia, "he explains.
Regarding the mechanism to execute this operation, the same document explains that an IPO or private placement of a minority percentage of said business unit could be carried out.
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