28 de diciembre de 2016 / 21:18 / en 9 meses

Brazil's Itaú Unibanco buys 40 pct of Banco Itaú BMG for 1.46 bln reais

SAO PAULO, Dec 28 (Reuters) - Brazil’s largest private bank, Itaú Unibanco Holding SA has completed the acquisition of 40 percent of Banco Itaú BMG Consignado SA, specialized in payroll loans, for 1.46 billion reais ($445 million), the bank said in a securities filing on Wednesday.

Itaú already held 60 percent of BMG Consignado, the filing said. The acquisition had been announced in September, but needed regulatory authorization to be completed. ($1 = 3.2800 reais) (Reporting by Tatiana Bautzer; Editing by Daniel Flynn)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below