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Announced

Banco Safra to acquire Alfa Group for $192m.

Financials

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Transaction Value£160m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Acquisition

Friendly

Investment Banking

financial investment

Italy

Private

Majority

Pending

Single Bidder

Cross Border

Synopsis

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Banco Safra, a Brazilian bank, agreed to acquire Alfa Group, a financial services group, for $192m. “The transaction is a milestone in the history of the bank in Brazil. Customers, employees and shareholders of Alfa Financial Conglomerate and Safra Bank will benefit. We share values, long-term vision and passion for work, which gives us enormous confidence in the harmony and success of this operation," David Safra, Banco Safra CEO.

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