Shares of Brazil builder Brookfield jump on buyout proposal

lunes 17 de febrero de 2014 09:37 GYT

RIO DE JANEIRO Feb 17 (Reuters) - Shares of Brazilian real estate developer Brookfield Incorporações SA jumped in opening trade on Monday after the company said on Friday that its controlling shareholder planned to buy out minority shareholders at a premium and delist the company.

At 10:27 a.m. (1327 GMT), shares of Brookfield rose 20.16 percent to 1.49 reais. (Reporting by Asher Levine Editing by W Simon)