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STXNEWS LATAM-Gafisa rejects offer from private equity firms
2012年2月29日 / 下午3点42分 / 6 年前

STXNEWS LATAM-Gafisa rejects offer from private equity firms

Brazilian homebuilder Gafisa rejected on Wednesday a preliminary proposal by private equity firms GP Investimentos and Equity International to purchase part of the company.

In a note filed with Brazil’s securities regulator, the company said the proposal “significantly undervalued the assets and businesses involved,” and that it “will evaluate any future offer presented by the investors or by any third party.”

Shares of Gafisa fell 5.45 percent from yesterday’s close.

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