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Publication: Investnews Agency - News

SÃO PAULO, 12/2/05 - Brazilian retail chain Lojas Americanas S.A. announced on Friday that its e-commerce division has concluded the acquisition of 99.36% of the capital of TV Sky Shop S.A., the owner of shopping channel and internet site Shoptime. The transaction was worth R$ 114,566,835.08 and saw the purchase of 44% of TV Sky Shop S.A.'s capital stock from Globo Comunicações e Participações S.A., and of 98.85% of the capital stock of Shoptime S.A.'s, which owns 56% TV Sky Shop S.A.'s capital stock.

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