Celfin Clarifies BTG Merger

Celfin Clarifies BTG Merger

Brazil Chile Colombia Peru M&A

Celfin Capital will become a part of the BTG Pactual group, says the Chilean shop. The announcement helps clarify how the merger between the two banks might proceed. The Chilean brokerage with operations in Colombia and Peru and the Brazilian investment bank would “merge and all of the business and operations of Celfin and its subsidiaries would become part of the BTG Pactual group,” it says in a regulatory filing. It also notes that Celfin would “maintain in general terms the cur

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