BTG Pactual in advanced talks to sell stake in Banco Pan to Bank BMG

BTG Pactual is in advanced talks to sell its stake in Bank Pan to Banco BMG, as the bank continues to try and strengthen its capital position following the arrest of its founder, Andre Esteves. According to reports, the main obstacle for the completion of the deal is the price.

Valor International’s newsletter is free. Sign up here.

Receive daily in your inbox the main news and information that affect your finances, as well as offers from Valor International and its partners.