Aliansce Sonae took over the management of Shopping Eldorado

Eldorado would now be the third largest in total sales, considering the portfolio of the potential combined company between Aliansce Sonae and BR Malls Participações S.A. Taking over the shopping centre's management is yet another reinforcement of the company's strategy on energy and commercial levers as one motivation for this merger with brMalls.

Opened in 1981, Shopping Eldorado has 300 stores with 75 thousand sq meters ofGLA. Located in the West zone of São Paulo, Eldorado caters to a high density of public, mainly the corporate masses, in the shopping center's surroundings.

Aliansce Sonae says that, at the moment is not involved in negotiations for the acquisition of a stake in Eldorado and that it will keep its shareholders and the market informed.