Radar > 219325

Banco BTG Pactual could be negotiating the acquisition of bankrupt Banco Nacional

Banco BTG Pactual estaria negociando a aquisição do falido Banco Nacional

Intel ID : 219325
Synopsis

The negotiations to acquire bankrupt Banco Nacional, advanced significantly in September. Bank BTG Pactual and the Magalhães Pinto family, founder of the institution, signed an exclusivity agreement for the negotiations. The Magalhães Pinto family have been expecting an outcome for the bank, for the last 19 years.
(content in portuguese)

As negociações para a compra do falido Banco Nacional avançaram significativamente em setembro. O BTG Pactual e a família Magalhães Pinto, fundadora da instituição, assinaram um acordo de exclusividade para as tratativas. Os Magalhães Pinto esperam um desfecho para o banco há 19 anos.

Bidder

Target


Intel ID 219325
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Banco Nacional
(31 Dec 2024)
Revenue: EUR 140,35m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
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

Target

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.03 Commercial, Retail & Mortgage Banking
25 Financial Services / 25.01 Banking & Investment

Country
Description

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.