Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Bolsa de valores de Sao Paulo  >  Aliansce Shopping Centers SA    ALSC3   BRALSCACNOR0

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Brazil's Aliansce Shopping Centers Seeks up to $200 Million in Share Sale

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/03/2012 | 11:23am CET
   By Rogerio Jelmayer 
 

SAO PAULO--Brazilian shopping-center operator Aliansce Shopping Centers SA (>> Aliansce Shopping Centers SA) is planning a share sale that could raise up to 420.6 million Brazilian reais ($200 million), as it seeks fresh funding for the expansion of its business activities.

The company will sell up to 19.25 million shares on Dec. 10 and Dec. 11, it said in a statement Monday.

Based on the company's Friday closing price of BRL21.85, it could raise up to BRL420.6 million.

Proceeds will be used to acquire stakes in shopping centers across the nation, develop new units and expand some of its existing operations, the company said.

Banco Itau BBA, Banco Bradesco BBI, Banco BTG Pactual and Credit Suisse will coordinate the operation.

Aliansce is controlled by U.S.-based General Growth Properties Inc. (>> General Growth Properties Inc), which raised its stake in the company to 45.6% from 31.44% for $195.2 million in August.

Aliansce owns interests in 18 malls, three of which are under development, with a total gross leasable area of about 6.5 million square feet.

Write to Rogerio Jelmayer at rogerio.jelmayer@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ALIANSCE SHOPPING CENTERS
01/16 ALIANSCE SHOPPING CENTERS : Notice to Shareholders - 2017 Annual Shareholders'&h..
01/04 ALIANSCE SHOPPING CENTERS : 2017 Corporate Events Calendar
2016 ALIANSCE SHOPPING CENTERS : Trading of Securities by the Company - November/2016
2016 ALIANSCE SHOPPING CENTERS : Consolidated Form CVM 358 - November/2016
2016 ALIANSCE SHOPPING CENTERS : Trading of Securities by the Company - October/2016
2016 ALIANSCE SHOPPING CENTERS : Consolidated Form CVM 358 - October/2016
2016 ALIANSCE SHOPPING CENTERS : Acquisition of Relevant Shareholder Ownership
2016 ALIANSCE SHOPPING CENTERS : Aquisição/Alienação de Participação Acionária
2016 ALIANSCE SHOPPING CENTERS : Notice to Shareholders - Capital Increase - End of U..
2016 ALIANSCE SHOPPING CENTERS : Capital Increase - Unsubscribed Shares
More news
Sector news : Retail Real Estate Development
01/16DJCAPITALAND : Unit Sells 100% Stake in Nassim Hill Realty to Kheng Leong Co. for ..
01/16DJPower Assets to Decide Whether to Pay Special Dividend on January 26
01/15DJDuet Agrees to $5.48 Billion Offer from Cheung Kong Infrastructure
01/13 CHINA VANKE : Vanke power play seen ending with stake sale to state-backed Shenz..
01/13DJCHINA VANKE : Shenzhen Metro to Buy China Resources' Vanke Stake
More sector news : Retail Real Estate Development
Advertisement
Financials ( BRL)
Sales 2016 522 M
EBIT 2016 306 M
Net income 2016 39,3 M
Debt 2016 1 420 M
Yield 2016 1,71%
P/E ratio 2016 61,01
P/E ratio 2017 25,63
EV / Sales 2016 8,46x
EV / Sales 2017 7,65x
Capitalization 2 998 M
More Financials
Chart ALIANSCE SHOPPING CENTERS
Duration : Period :
Aliansce Shopping Centers  Technical Analysis Chart | ALSC3 | BRALSCACNOR0 | 4-Traders
Full-screen chart
Technical analysis trends ALIANSCE SHOPPING...
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 7
Average target price 15,5  BRL
Spread / Average Target 4,8%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Renato Feitosa Rique Chief Executive Officer & Director
Délcio Lage Mendes Chairman & Chief Operating Officer
Renato Ribeiro de Andrade Botelho Chief Financial Officer
Carlos Alberto Vieira Independent Director
Peter Ballon Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ALIANSCE SHOPPING CENT..0.97%939
UNIBAIL-RODAMCO-4.43%22 723
EMAAR MALLS GROUP PJSC-2.29%9 143
FORTRESS INCOME FUND L..8.17%4 307
MULTIPLAN EMPREENDIMEN..6.94%3 697
RED STAR MACALLINE GRO..-2.98%3 632
More Results