BdB Bags State-Controlled Bank

BdB Bags State-Controlled Bank


Banco do Brasil has agreed to acquire Banco do Estado do Piaui, the state bank of Piaui, for BRL81.7m. BB plans to issue 2.93m shares to finance the acquisition, exchanging 1 unit for 4.60 BEP shares, and has called a shareholder meeting for November

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