The Brazilian real estate fund TRBL11 has encountered significant hurdles following the partial closure of its property in Contagem, Minas Gerais. This development has caused a stir in financial markets and raised questions about the fund’s management practices. TRBL11’s shares dropped by over 6% on the B3 stock exchange, making it the worst performer in […]
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Banco Master’s MAM Asset Takes Bold Step in Reviving Dia Brasil
MAM Asset Management has struck a game-changing deal to take over Dia Brasil from Spain’s Grupo Dia. The Brazilian supermarket chain has been under judicial reorganization since March. Although the financial details remain undisclosed, the deal holds significant promise. MAM Asset, part of São Paulo-based Investment Bank Banco Master, established a fund to acquire Dia […]