Brief: GL Events, Live Nation, Oak View Group Enter Talks On A Sao Paulo Arena
15/10/2021 07:58
Oct 15 (Reuters) - GL EVENTS SA GLTN.PA :
* GL EVENTS, LIVE NATION AND OAK VIEW GROUP ENTER INTO
EXCLUSIVE
NEGOTIATIONS TO BUILD AND OPERATE AN ARENA WITH A CAPACITY OF
20,000 SEATS, UNIQUE IN SAO PAULO
* WORK WILL BEGIN IN THE SECOND HALF OF 2022 FOR AN
INAUGURATION
SCHEDULED FOR 2024
* THE CONTRACT IS EXPECTED TO BE SIGNED BY THE END OF 2021
* THANKS TO THIS REDEVELOPMENT, WILL GENERATE ECONOMIC
BENEFITS OF
AROUND BLR 5 BILLION FOR THE CITY
Source text for Eikon: ID:nNDL9m6Bmp
Further company coverage: GLTN.PA
(Gdansk Newsroom)
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