Radar > 218676

Bank BVA could be acquired by Banco BTG Pactual

Banco BVA poderia ser adquirido pelo Banco BTG Pactual

Intel ID : 218676
Synopsis

Controllers of Bank BVA, currently facing extrajudicial liquidation since mid-2013, contacted Banco BTG Pactual to propose the sale of the bankrupt entity to the bank.

This would not be an unprecedented deal for BTG. In July, the competition authority Conselho Administrativo de Defesa Econômica (CADE) approved the acquisition of Bamerindus, facing extrajudicial liquidation since 1998.
(content in portuguese)

Os controladores do banco BVA, em liquidação extrajudicial desde a metade do ano passado, procuraram o BTG Pactual com o objetivo de propor a venda da massa falida à instituição.

Não seria um negócio inédito para o BTG. Em julho, o Conselho Administrativo de Defesa Econômica (CADE) aprovou a compra do Bamerindus, em liquidação extrajudicial desde 1998, pelo banco.

Bidder

Target


Intel ID 218676
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)
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
Website
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.