Itau, Unibanco Unveil Merger Terms

Itau, Unibanco Unveil Merger Terms

M&A

Itau and Unibanco have released terms of their proposed merger, to be voted on at a shareholders meeting on November 28. At current values, the proposed share exchange ratio values Unibanco at BRL29bn. The deal boosts Itau Holding’s capital base by B

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