Brazil's BM&FBovespa raises offer for Cetip in binding offer
SAO PAULO Feb 19 (Reuters) - BM&FBovespa SA, Latin America's largest bourse, on Friday sweetened a bid for rival clearinghouse Cetip SA Mercados Organizados.
In a securities filing, BM&FBovespa presented a binding offer worth 41 reais per Cetip share. In a separate filing, the board of São Paulo-based Cetip said it will evaluate the terms of BM&FBovespa's revised offer.
The bourse had presented late last year a non-binding offer worth 39 reais a share. (Reporting by Guillermo Parra-Bernal and Reese Ewing; Editing by Chris Reese)
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