| GP Investments, Latin America's largest private equity firm, has reached a deal with a subsidiary of Abu Dhabi's sovereign fund to secure funding for the purchase of about 70 per cent of Brazilian real estate company BR Properties.
GP said in a securities filing on Thursday that THB JV, an indirect subsidiary of the Abu Dhabi Investment Authority (ADIA), has signed a binding subscription agreement with GP Investments unit GPIC as part of the offer to buy a controlling stake in BR Properties, in which Brazilian bank BTG Patcual is a leading shareholder...............................................Full Article: Source
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