BTG Sells Pricey Stake

BTG Sells Pricey Stake

Asia

BTG Pactual has issued $1.8bn in new shares to a consortium of investors. The group includes Singapore’s GIC, China’s CIC, Canadian pension fund OTPP, Abu Dhabi Investment Council, JC Flowers, RIT Capital Partners and Lord Rothschild’s family interests. Other investors are the Santo Domingo Group, EXOR, the Agnelli family, Inversiones Bahia, the Motta family, and senior management of BTG Pactual. As a result of the capital increase, which represents an 18.65% stake, the Brazilian bank will now h

Already have an account?

Free trial

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

Free Trial