Capitânia completed the acquisition of Midway Mall from Guararapes Confecções-backed Riachuelo for BRL1.61bn.

Capitânia, an independent asset management and corporate advisory firm, completed the acquisition of Midway Mall, a shopping and entertainment destination, from Guararapes Confecções-backed Riachuelo, a Brazilian company specializing in fashion and accessories, for BRL1.61bn. The Transaction is aligned with the Guararapes Confecções's strategy of generating value for its shareholders and optimizing its capital allocation.