BTG Pactual to acquire Banco Pan for BRL2.5bn.

Synopsis

BTG Pactual, a Brazilian financial company, agreed to acquire Banco Pan, a Brazilian midsize commercial bank, for BRL2.5bn.

Principals

Banco Pan

Banco Btg Pactual

Show Details & Financials

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Market Context

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Seller Team (1)

andré luiz calabro

CEO at BANCO PAN SA

Manager

target

Deal

£ 244 M

Total Value

Bidder Team (1)

roberto sallouti

CEO at BANCO BTG PACTUAL SA

Manager

bidder

Deals

£ 5.62 B

Total Value