BRIEF-Emergent Capital announces supplement no. 1 to exchange offer
* Emergent Capital announces supplement no. 1 to exchange offer Source text for Eikon: Further company coverage:
VIENNA, March 15 Roughly 25 "pre-qualified" parties which have expressed an interest will be invited to take part in the sale of Immofinanz's Russian portfolio, the Austrian property group said on Wednesday.
The structured sale process will be initiated "shortly", the company said in a statement.
A spokeswoman added that a spin-off remained an option for the Russian assets, which are all shopping centres in Moscow, but the company prefers a sale. (Reporting by Shadia Nasralla; writing by Francois Murphy; editing by Jason Neely)
RIO DE JANEIRO/BRASILIA, May 26 Maria Silvia Bastos resigned on Friday as head of Brazil's development bank BNDES amid a political crisis that had increased pressure against her by credit-starved business leaders.