Radar > 235336

BM&FBovespa and Cetip continue merger negotiations

A BM&FBovespa e a Cetip avançam em negociação de fusão

Intel ID : 235336
Synopsis

BM&FBovespa and Cetip, two Brazilian financial entities, could be moving on with merger negotiations, as published by Estadão on 6 April 2016.

According to the news, the companies' board are meeting to discuss their merger, which could result in a new company vworth BRL 40m. To materialize this deal, after board approval, the merger has to be approved by the shareholders' assembly.

In November 2015, Cetip refused an offer submitted by BM&F Bovespa. (see related transaction)
(content in portuguese)

A BM&FBovespa e a Cetip, brasileiras que atuam no setor financeiro, estariam avançando com sua fusão, segundo publicou o Estadão no dia 6 de Abril de 2016.

Segundo a notícia, o Conselho das duas empresas se reúnem para discutir fusão de seus negócios que pode criar uma companhia com valor de mercado de BRL 40m. Para a transação se concretizar, depois do aval dos conselhos, a combinação das atividades da empresa deverá ser aprovada em assembléia de acionistas.

Em novembro de 2015 Cetip recusou uma oferta apresentada pela BM&F Bovespa (ver transação relacionada).

Intel ID 235336
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - B3 - Brasil, Bolsa, Balcão
(31 Dec 2024)
Revenue: EUR 1.485,16m
EBITDA: EUR 1.033,09m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.06 Financial Exchanges
25 Financial Services / 25.01 Banking & Investment

Secondary Sectors (TTRSC)
40.03.06 Hosting, Data Storage & Processing
40 Information Technology / 40.03 Internet, Software & IT Services

40.03.07 IT Consulting, Development & Outsourcing
40 Information Technology / 40.03 Internet, Software & IT Services

45.02.99 Other Media & Information Services
45 Media, Entertainment & Information Services / 45.02 Media & Information Services

Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.06 Financial Exchanges
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    
-

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.