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New Deal


Announced

Completed

Bradesco completed the acquisition of a 51% stake in BV DTVM from Banco Votorantim.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For51%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Brazil

Private

Completed

Majority

Real Estate Holding and Development

real estate fund

Acquisition

Domestic

Friendly

Single Bidder

Synopsis

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Bradesco, a Brazilian financial services company headquartered in Osasco, completed the acquisition of a 51% stake in BV DTVM, which concentrates the management of third-party funds and the private banking activity of BV bank, from Banco Votorantim, a commercial bank. Financial terms were not disclosed.

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