LIMA, Dec 5 (Reuters) - Chilean shopping center chain

Mallplaza has acquired Falabella Peru, paying around $454.2

million at the close of a takeover bid on the Lima stock

exchange.

The accepted takeover offer, launched by Mallplaza's

subsidiary Desarrollos Peru SpA, was for about 3.9 billion

shares of Falabella's Peru unit, or a 97.77% stake, according to

a statement sent by Falabella Peru late Wednesday.

The bid concluded on the Lima Stock Exchange and was carried

out after a prior agreement between Mallplaza and

its parent company, Chilean chain Falabella, as

the shopping center chain seeks to strengthen its regional

presence.

With the purchase, Mallplaza is set to become the

second-largest shopping center operator in Peru, CFO Derek

Schwietzer said back in September.