
Crisis measure enables latest bank merger
12 . 01 . 2009Fonte: Latin Lawyer Brazil’s state-controlled bank Banco do Brasil has acquired 50 per cent of Banco Votorantim, taking advantage of government measures designed to stave off the financial crisis. The US$1.86 billion transaction closed on 9 January, and is Banco do Brasil’s first acquisition made under Provisional Measure 443, enacted in October to allow Brazil’s […]
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