Itau Galicia M&A Chatter Revives

Itau Galicia M&A Chatter Revives

Argentina Brazil M&A

Talk that Brazil’s Itau may be considering a bid for Argentina’s Banco de Galicia is doing the rounds at this year’s Felaban meetings in Punta del Este. “It makes sense for Itau,” says an Argentina-based banker. Itau’s LatAm CEO Ricardo Marino dismisses the talk as just rumors. He declines to comment on whether the bank has plans to buy something in Argentina in the short term. “We don’t comment on market rumors,” Marino tells LatinFinance. Argentina is one of the LatAm countries Itau has in the

Already have an account?

Free trial

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

Free Trial