Radar > 232384

Banco BTG Pactual confirms possible sale of Recovery do Brasil and Non-Performing Loans

Banco BTG Pactual confirma possível venda da Recovery do Brasil e de ativos Non-Performing Loans

Intel ID : 232384
Synopsis

Banco BTG Pactual (BVMF:BPAC3), based in São Paulo, confirmed it is negotiating the sale of its subsidiary Recovery do Brasil, a loan recovery company, according to a relevant fact published on 18 December 2015.

According to the statement, Banco BTG Pactual would also sell a Non-Performing Loans portfolio.
(content in portuguese)

O Banco BTG Pactual (BVMF:BPAC3), que tem sede em São Paulo, confirmou estar negociando a venda da sua controlada Recovery do Brasil, que atua na recuperação de crédito, segundo publicou a própria empresa em Fato Relevante do dia 18 de dezembro de 2015.

De acordo com o Fato Relevante, o Banco BTG Pactual (BVMF:BPAC3) também está vendendo um portfólio de Non-Performing Loans.

Relevant Documents

Seller


Intel ID 232384
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.04.02 Credit Collections & Related Services
25 Financial Services / 25.04 Other Financial Services

Country
Website
Description

Seller

Name
verified
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  

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.