Announced
BTG Pactual to acquire a remaining stake in Banco Pan from Caixa Economica Federal for $653m.
Financials
Transaction Value£471m
Consideration TypeCash
Capital Owned73%
Capital Bid For27%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Sources
Tags
Banks
Public
Pending
commercial banking
Brazil
Majority
Single Bidder
Acquisition
Domestic
Friendly
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.
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