A.Life Entertainment completed the acquisition of a 60% stake in SDM Nordeste Participações Societárias from Sylvio Drummond De Mattos and Nordeste III Fundo De Investimento.

Synopsis

A.Life Entertainment, a hospitality group, completed the acquisition of a 60% stake in SDM Nordeste Participações Societárias, a holding company, from Sylvio Drummond De Mattos and Nordeste III Fundo De Investimento, an investment fund vehicle. Financial terms were not disclosed.

Principals

target

Sdm Nordeste Participações Societárias

bidder

A.life Entertainment Group

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Market Context