Announced
Itau Unibanco to acquire a 35% stake in Avenue for $92m.
Financials
Transaction Value£75m
Consideration TypeCash
Capital Owned-
Capital Bid For35%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Tags
United States
Friendly
Pending
Acquisition
Single Bidder
Diversified Financials
Minority
Private
broker
financial services
Cross Border
Synopsis
Itau Unibanco, a Brazilian financial services company, to acquire a 35% stake in Avenue, a broker that brings investment alternatives and digital accounts in the USA to Latin American clients, for $92m.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
No credit card required
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.