BTG Pactual to acquire a remaining stake in Banco Pan from Caixa Economica Federal for $653m.

Synopsis

Banco BTG Pactual, a Brazilian financial company, agreed to acquire a remaining stake in Banco Pan, a Brazilian midsize commercial bank, from Caixa Economica Federal, a state-owned Brazilian financial services company, for $653m.

Principals

target

Banco Pan

bidder

Banco Btg Pactual

Show Details & Financials

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Market Context

MergerLinks - BTG Pactual to acquire a remaining stake in Banco Pan from Caixa Economica Federal for $653m.