Brazil's BTG Pactual shareholder to sell 2 billion reais in bank share offer [Reuters]
TELECOM ITALIA (TI.A)
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Source: Reuters
Brazil's BTG Pactual shareholder to sell 2 billion reais in bank share offer - Reuters 1 Min Read SAO PAULO (Reuters) - Brazil’s largest investment bank Banco BTG Pactual SA said on Tuesday that its controlling shareholder is preparing to sell roughly 2 billion reais ($497 million) in shares in the bank. The bank also said in a securities filing that it will partially transfer shares it holds in Swiss private bank EFG International to BTG Pactual Holding SA, in a deal that will increase the bank’s capital ratio. BTG also announced it is creating a full service retail bank that will be lead by Amos Genish, former CEO of Telecom Italia. Reporting by Carolina Mandl, Editing by Gabriel Stargardter and Rosalba O'Brien All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved. Brazil's BTG Pactual shareholder to sell 2 billion reais in bank share offer SAO PAULO (Reuters) - Brazil’s largest investment bank
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