Banco Itaú Unibanco interested in Citigroup's Latin American assets
Banco Itaú Unibanco, interesado en los activos latinoamericanos de Citigroup
Banco Itaú Unibanco está interessado nos ativos latino-americanos do Citigroup
Intel ID : 235355
| Synopsis |
|
Banco Itaú Unibanco (BVMF:ITUB3; NYSE:ITUB), a Brazil-based financial entity, noted its interest in acquiring the Latin American assets of US-based Citigroup (NYSE:C), reported Reuters Latin America on 7 April, 2016, citing vice-president, Ricardo Marino. Marino noted the negotiations have not begun yet. Citigroup announced the sale of its retail banking and credit card operations in Argentina, Brazil, and Colombia in February 2016 (see related intel).
(content in spanish)
Banco Itaú Unibanco (BVMF:ITUB3; NYSE:ITUB), entidad financiera brasileña, ha manifestado su interés en adquirir los activos latinoamericanos de la estadounidense Citigroup (NYSE:C), ha publicado Reuters América Latina el 7 de abril de 2016, citando al vicepresidente de la entidad, Ricardo Marino. Marino ha señalado que aún no se han iniciado las negociaciones. Citigroup ha anunciado la venta de sus operaciones de banca minorista y tarjetas de crédito en Argentina, Brasil y Colombia en febrero de 2016 (ver Intel relacionado).
(content in portuguese)
O Banco Itaú Unibanco (BVMF:ITUB3; NYSE:ITUB), entidade financeira brasileira, está interessada em adquirir os ativos latino-americanos da empresa norte-americana Citigroup (NYSE:C), segundo publicou a Reuters América Latina em 7 de abril de 2016, citando ao Vice-Presidente do banco, Ricardo Marino. Segundo Marino, ainda não foram iniciadas as negociações. O Citigroup anunciou a venda de suas operações de banco varejista e cartão de crédito na Argentina, Brasil e Colômbia em fevereiro de 2016 (ver Intel relacionado). |
Bidder
|
Target
|
Seller
|
| Intel ID | 235355 | |
| Value | ND | |
| Native Currency |
Brazilian Real (BRL)
Exchange Rate:  |
|
| Date |
|
|
| Country | |
|
| Region | ||
| Continent |  |
|
| Geography | |
|
| Subsector (Old TTR Sectors) |
|
|
| Type |
|
|
| Intel Grade |
|
|
| Source |
|
|
| Tags | |
Bidder
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Primary Sector (TTRSC) |
25.04.03 Holding Companies / Financial Holding Companies 25 Financial Services / 25.04 Other Financial Services |
||
| Secondary Sectors (TTRSC) |
25.01.03 Commercial, Retail & Mortgage Banking 25 Financial Services / 25.01 Banking & Investment |
||
| Country |
|
||
| Website |
|
||
| Description |
|
Target
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Country |
|
||
| Description |
|
Target
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Primary Sector (TTRSC) |
25.01.03 Commercial, Retail & Mortgage Banking 25 Financial Services / 25.01 Banking & Investment |
||
| Country |
|
||
| Description |
|
Target
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Primary Sector (TTRSC) |
15.05.99 Other Distribution & Retail 15 Consumer Products & Services / 15.05 Distribution & Retail |
||
| Country |
|
||
| Description |
|
Seller
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Primary Sector (TTRSC) |
25.04.03 Holding Companies / Financial Holding Companies 25 Financial Services / 25.04 Other Financial Services |
||
| Secondary Sectors (TTRSC) |
25.01.03 Commercial, Retail & Mortgage Banking 25 Financial Services / 25.01 Banking & Investment 25.01.04 Consumer Finance 25 Financial Services / 25.01 Banking & Investment 25.01.08 Investment Banking & Brokerage Services 25 Financial Services / 25.01 Banking & Investment |
||
| Country |
|
||
| Website |
|
||
| Description |
|
Radar
| Date | Title | Type | Intel Grade | Country | Subsector | ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
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.