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Multiplan Empreendimentos buys stake in e-commerce technology company

Brazil-based shopping center operating company Multiplan Empreendimentos Imobiliários SA is purchasing a 20% capital stake in Fulllab Participações SA, a developer of technological solutions for e-commerce and digital retail.

The deal, carried out via the Multiplan Greenfield XII Empreendimento Imobiliário Ltda subsidiary, includes the option to purchase an additional 10% of Fulllab's capital, according to a release.