20 de mayo de 2016 / 17:07 / hace un año

Cetip agrees to be acquired by Brazilian rival BM&FBovespa

SAO PAULO, May 20 (Reuters) - Shareholders in Cetip SA Mercados Organizados, Latin America's largest securities clearinghouse, agreed on Friday to a takeover by Brazilian bourse BM&FBovespa SA, blessing the creation of a regional giant with businesses from Mexico to Chile.

At a ballot that took place on Friday at the Rio de Janeiro-based offices of Cetip, shareholders also decided to drop a compulsory tender offer that could have had to be launched prior to the acquisition by BM&FBovespa, according to a securities filing. BM&FBovespa agreed to pay $3.6 billion for Cetip on April 8. (Reporting by Guillermo Parra-Bernal)

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