Thursday, May 11, 2017

UPDATE 1-Brazil's Itaú buys 49.9 pct in XP for $2 bln

SAO PAULO, May 11 (Reuters) - Itaú Unibanco Holding SA , Brazil's largest bank, has agreed to acquire a 49.9 percent stake in brokerage firm XP Investimentos SA for 6.3 billion reais ($2 billion) and gradually increase its stake with an option to buy full control.

by reutersCOMPANYNEWS via Endless Supplies .Biz - News
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)