Creating and distributing additional copies is prohibited without the permission of the publisher. Contact subscriptions@latinfinance.com.

Buyers Line up for Cruzeiro

Aug 22, 2012

At least 20 banks have been qualified to submit proposals for the purchase of Banco Cruzeiro do Sul’s assets, according to a person familiar with the sale, though any deal is contingent upon a minimum 90% acceptance of an exchange offer expiring September 12. Eligible buyers are Brazilian banks with at least BRL2.5bn ($1.24bn) in assets and able to...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial



LatinFinance Events

Poll

Will ABS become more interesting for LatAm borrowers as US monetary policy normalizes?

Vote    





Printing isn't available for this page.