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KM Financial Solutions | UPDATE 1-Brazil’s Iguatemi to offer shopkeepers discounts, while cutting 2020 capex
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UPDATE 1-Brazil’s Iguatemi to offer shopkeepers discounts, while cutting 2020 capex

22 Apr UPDATE 1-Brazil’s Iguatemi to offer shopkeepers discounts, while cutting 2020 capex

Posted at 18:18h in News by
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Brazilian upscale mall
operator Iguatemi Empresa de Shopping Centers SA is
aiming to cut capital expenditure by 40% in 2020 to help offset
a drop in revenue after stepping in to offer discounts to
shopkeepers impacted by the coronavirus-related lockdowns, its
chief financial officer said on Thursday.

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