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ARTICLE · 31 MAY 2018

Opportunity: The Privatization Of The Anhembi Complex Is Approaching

Following the publication of Law No. 16,766/2017, which has authorized the sale of the equity interest held by the Municipality of São Paulo in SPTuris, the City Hall takes the next steps ...

BrazilGovernment, Public Sector

Government Contracts and Projects  

Following the publication of Law No. 16,766/2017, which has authorized the sale of the equity interest held by the Municipality of São Paulo in SPTuris, the City Hall takes the next steps towards the auction for the privatization of the Anhembi complex, which encompasses the convention center, exhibition pavilions and the so-called Sambódromo.

At the beginning of May, the Municipality signed a contract with the Brazilian investment bank Banco Plural, responsible for the entire privatization process. In addition to evaluating the market price of SPTuris’ assets and economically structuring the auction, the investment bank will also be in charge of spreading it abroad in order to attract more interested parties.

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