Radar > 218811

UK-based ICAP could sell ICAP do Brasil

A britânica ICAP estaria vendendo a ICAP do Brasil

Intel ID : 218811
Synopsis

UK-based ICAP,the world's largest brokerage in transactions between banks, could be considering the sale of its unit in Brazil, which works for individual clients amidst a decrease in business.

ICAP opened a subsidiary in Brazil in 2008. Currently, the company is offering its Brazilian retail business to banks, other brokerage firms and private equity funds.
(content in portuguese)

A ICAP, maior corretora do mundo em transações entre bancos, estaria buscando vender sua unidade do Brasil que trabalha para clientes pessoas físicas em meio a uma queda nos negócios.

A ICAP, que abriu uma subsidiária no país em 2008, está oferecendo seu negócio de varejo brasileiro a bancos, outras corretoras e fundos de private equity.

Target

Seller

United Kingdom

Intel ID 218811
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - ICAP do Brasil
(31 Dec 2023)
Revenue: EUR 49,71m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Target

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

Country
Website
Description

Seller

Name
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
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.