Celfin Tie-up to Give BTG Andean Path

Celfin Tie-up to Give BTG Andean Path

Bonds Funds Brazil Chile Colombia Peru M&A

BTG Pactual’s proposed merger with Chilean investment bank Celfin is seen giving the Brazilian investment bank a leg-up in establishing a beachhead to expand into the Andean region. The union between the two shops will create Latin America’s largest investment bank, BTG says, and marks its first Latin American expansion outside of Brazil’s borders. The two announced the beginning of merger talks Tuesday, but gave few details about how they are expected to proceed. It is thought ho

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