| From Dow Jones: Brazilian real estate investment company PDG Realty (PDGR3.BR) will create a local giant player with the acquisition of its local rival Agre Empreendimentos Imobiliarios SA.
Later Monday, PDG announced an agreement to acquire Agre in a deal worth 2.49 billion Brazilian reals ($1.44 billion). PDG said it will for pay the acquisition through an issue of 148 million shares. On Monday, PDG's share closed at BRL16.77 on the Sao Paulo Stock Exchange, the BMFBovespa............................................Full Article: Source
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