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Aliansce Shopping Centers SA (ALSC3.SA)

ALSC3.SA on Sao Paolo Stock Exchange

14.25BRL
4:09pm EDT
Change (% chg)

R$ 0.46 (+3.34%)
Prev Close
R$ 13.79
Open
R$ 13.83
Day's High
R$ 14.54
Day's Low
R$ 13.65
Volume
1,022,400
Avg. Vol
578,275
52-wk High
R$ 17.12
52-wk Low
R$ 11.95

Latest Key Developments (Source: Significant Developments)

Aliansce to acquire 25 pct of Shopping Leblon for BRL 310 million
Tuesday, 30 Aug 2016 06:51am EDT 

Aliansce Shopping Centers SA : Announced on Monday that it will propose its shareholders to resolve on the acquisition of a 25.1 percent stake in Shopping Leblon, located in Rio de Janeiro . The total value of the acquisition is of 309.9 million Brazilian reais ($96.1 million), of which 187.5 million reais to be paid in cash and 122.4 million reais to be assumed as a debt .In order to finance the acquisition, the company proposes to carry out share capital increase of at least 300.0 million reais and up to 600.0 million reais, at a price of 15.00 reais per share.  Full Article

Aliansce in talks to buy a stake in Shopping Leblon
Monday, 15 Aug 2016 06:23am EDT 

Aliansce Shopping Centers SA : Following market reports the company informed on Friday that it was negotiating the purchase of a minority stake in Shopping Leblon owned by Renato Rique .Says that in order to support the acquisition it may use own resources or other funding alternatives.  Full Article

Aliansce announces cancellation of share purchase agreements
Friday, 3 Jun 2016 03:59am EDT 

Aliansce Shopping Centers SA : Announced on Thursday that the agreement for the purchase of 16.7 million of its common shares by Altar Empreendimentos e Participacoes SA from GGP Brazil III LLC was cancelled with return of 15.5 million shares . The agreement for the purchase of 1.5 million of its common shares by Henrique C. Cordeiro Guerra Neto from GGP Brazil III LLC was cancelled with return of 1.4 million shares .The agreement for the purchase of 1.5 million of its common shares by Delcio Lage Mendes from GGP Brazil III LLC was cancelled with return of 1.4 million shares.  Full Article

ARX Investimentos Ltda holds now 6.72 percent stake in Aliansce Shopping Centers SA
Thursday, 19 Nov 2015 06:16am EST 

Aliansce Shopping Centers SA:ARX Investimentos Ltda holds now 6.72 percent stake in the company, following sale of shares.  Full Article

GIC Private Limited reaches 10.01 percent stake in Aliansce Shopping Centers SA
Monday, 28 Sep 2015 08:01am EDT 

Aliansce Shopping Centers SA:GIC Private Limited reaches 10.01 percent stake in the company (16,296,026 shares).  Full Article

Aliansce Shopping Centers SA announces new share repurchase program
Tuesday, 18 Aug 2015 07:36am EDT 

Aliansce Shopping Centers SA:Announced that on Aug. 14 it has approved a share repurchase program for the acquisition of up to 3,254,718 ordinary shares, which represent 4 pct of the total of 162,735,921 ordinary shares.The program will run from Aug. 17 until Aug. 15, 2016.  Full Article

Aliansce Shopping Centers SA announces agreement to sell 35 pct of Via Parque Shopping
Tuesday, 14 Jul 2015 07:59am EDT 

Aliansce Shopping Centers SA:Announces agreement to sell 35 percent of quotas issued by the real estate investment fund Via Parque Shopping to GIC, shareholder that holds a relevant stake in the company, for 132.43 million Brazilian reais.  Full Article

More From Around the Web

UPDATE 2-Aliansce eyes Brazil mall purchases, says prices too high

SAO PAULO, Nov 25 Aliansce Shopping Centers SA is eyeing acquisitions across Brazil's mall industry as a way to fuel growth in the near term, although prices seem too stretched at this point, Chief Executive Officer Renato Rique said on Friday.