Radar > 231976

BTG Pactual in talks to sell BSI Bank

BTG Pactual negocia venta de BSI Bank

BTG Pactual Banco negocia a venda do BSI Bank

Intel ID : 231976
Synopsis

Banco BTG Pactual (BVMF:BPAC3), a Brazil-based financial entity, is said to be in talks with three international financial entities to sell wholly-owned subsidiary BSI Bank, reported Reuters Latin America on 4 December, 2015.

The decision to sell the Switzerland-based bank is part of BTG's plan to divest assets and reduce debt, the report stated.

Only in September 2015, BTG Pactual closed the takeover of BSI Bank from Italy-based insurance company Assicurazioni Generali for CHF 1.25bn (see related transaction).
(content in spanish)

Banco BTG Pactual (BVMF:BPAC3), entidad financiera brasileña, estaría negociando la venta de su filial BSI Bank con tres entidades financieras internacionales, ha publicado Reuters América Latina el 4 de diciembre de 2015, citando una fuente con conocimiento de la cuestión.

La decisión de vender el banco suizo forma parte del plan de BTG de desprenderse de activos y reducir deuda, según lo publicado.

Apenas en septiembre de 2015, BTG Pactual concluyó la toma de control de BSI Bank a la aseguradora italiana Assicurazioni Generali por CHF 1.250m (ver transacción relacionada).
(content in portuguese)

A entidade financeira brasileira Banco BTG Pactual (BVMF: BPAC3), estaria negociando a venda de sua subsidiária BSI Bank com três instituições financeiras internacionais, segundo publicou a Reuters no dia 4 de dezembro de 2015, citando uma fonte com conhecimento no assunto.

A decisão de vender o BSI Bank faz parte do plano do Banco BTG Pactual para desfazer de ativos e reduzir a dívida da empresa.

Recentemente, em setembro de 2015, o Banco BTG Pactual concluiu a aquisição do BSI Bank da seguradora italiana Assicurazioni Generali por CHF 1,25bi (ver transação relacionada).

Target

BSI Bank
Switzerland

Seller


Intel ID 231976
Value ND
Native Currency Swiss Franc (CHF)
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)
Country
Website
Description

Seller

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

Secondary Sectors (TTRSC)
25.01.01 Asset Management
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

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.