The EFG International announced its intention to purchase the BSI Ltd in a deal worth about $1.34 billion. The deal will make EFG a leader in the private banking industry.
BTG Pactual
Breaking News
Grupo BTG Pactual SA (BBTG11.SA) could book a net gain of about 3.5 billion reais ($1.15 billion) when the recent sale of a stake in Brazilian hospital chain Rede D'Or São Luiz SA is completed, Chief Executive Officer André Esteves said on Thursday.
CPFL Renováveis announced the closing and completion of their US$459.49 million public offering.
BTG Pactual, Brazil's sole listed investment bank, could beat its own estimates for profitability this year.
The private-equity unit of Brazilian investment banking powerhouse BTG Pactual (BBTG11.SA) agreed to buy a minority stake in local apparel retailer Leader Participações.
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