Shearman & Sterling represented Aliansce Shopping Centers S.A in its US$316 million IPO. Aliansce is a major shopping center developer and manager in Brazil. The company intends to use the net proceeds from this offering to invest in the acquisition and development of new shopping centers as well as in the expansion of existing ones.

The principal attorneys involved were partner Andrew Jánszky (São Paulo) and associates Tobias Stirnberg (São Paulo) and Helen Naves (New York).