Brazil PDG Realty holder sells 111.65 mln shares

SAO PAULO, Feb 4 (BestGrowthStock) – Brazilian real estate
developer PDG Realty (PDGR3.SA: ) said on Thursday that its
controlling shareholder sold 1.62 billion reais ($860.3
million) of stock in a secondary offering.

The company’s controlling shareholder sold 111.65 million
shares at 14.50 reais each, according to Brazil’s securities
regulator CVM website.

Investment Analysis

($1=1.883)
(Reporting by Cesar Bianconi; Writing by Ana Nicolaci da
Costa)

Brazil PDG Realty holder sells 111.65 mln shares