Brief: Sonae's Sonae Sierra To Sell Entire 25.86% Stake In Pdp Shopping In Brasil For R$625 Mln

Sonae SGPS SA

31/12/2025 07:38

Dec 31 (Reuters) - Sonae SGPS SA YSO.LS:

SONAE SIERRA TO SELL ENTIRE 25.86% STAKE IN PDP SHOPPING

TRANSACTION HAS PRE-TAX TRANSACTION VALUE OF R$625 MILLION ($114.11 MILLION)

TRANSACTION COMPLETION SUBJECT TO CADE APPROVAL, EXPECTED Q1 2026

SONAE SIERRA TO SELL STAKE TO HEDGE SHOPPING PARQUE DOM PEDRO FI AND FII PARQUE DOM PEDRO SHOPPING CENTER

TRANSACTION TRIGGERS IAS 21, RECLASSIFIES 53.6 MILLION EUROS

NEGATIVE CUMULATIVE IMPACT OF FLUCTUATIONS IN EXCHANGE RATE GENERATED SINCE INCEPTION OF 53.6 MILLION EUROS RECLASSIFIED FROM EQUITY TO PROFIT AND LOSS STATEMENT

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($1 = 5.4770 reais)

 (Gdansk Newsroom)

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