Brazilian real estate firm HBR Realty BMFBOVESPA:HBRE3 has proposed the acquisition of up to all shares of homebuilder Helbor BMFBOVESPA:HBOR3, both firms said in separate securities filings on Friday.The exchange ratio proposed in the deal, which if concluded would take Helbor private, is about 0…
Brazilian real estate firm HBR Realty BMFBOVESPA:HBRE3 has proposed the acquisition of up to all shares of homebuilder Helbor BMFBOVESPA:HBOR3, both firms said in separate securities filings on Friday.
The exchange ratio proposed in the deal, which if concluded would take Helbor private, is about 0.82 HBR shares for each Helbor share.
