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Brazil's Itaú confirms talks for minority stake in broker XP
2017年5月10日 / 上午10点20分 / 5 个月前

Brazil's Itaú confirms talks for minority stake in broker XP

SAO PAULO, May 10 (Reuters) - Itaú Unibanco Holding SA, Brazil’s largest private lender, confirmed on Wednesday it is discussing acquiring a minority stake in securities firm XP Holding Investimentos SA.

Local media reported on Tuesday that Itaú has proposed to purchase 49.5 percent of XP for 6 billion reais ($1.89 billion).

In a securities filing, Itaú said it has not yet signed any “agreement, transaction or contract” with XP.

$1 = 3.1898 reais Reporting by Bruno Federowski and Gabriela Mello; editing by Jason Neely

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