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New Deal


Announced

Shopee to acquire the credit unit from Warburg Pincus-backed Blu.

Financials

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

Sources

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Tags

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Acquisition

Friendly

Brazil

fintech

FinTech

Cross Border

Majority

Private

Pending

Private Equity

Single Bidder

Synopsis

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Shopee, a multinational technology company specialising in e-commerce, agreed to acquire the credit unit from Warburg Pincus-backed Blu, a company with a digital presence throughout Brazil with a mission to connect retail and industry through financial solutions.

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