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Announced

Completed

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

Synopsis

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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