Sovereign Fund of Brazil to Buy Banco Do Brasil Shares

Posted on 06/21/2010


The Sovereign Fund of Brazil is acquiring 66.5 million shares to be offered by state-run Banco do Brasil SA. Banco do Brasil SA is the largest bank in Latin America by assets. The fund plans to acquire the shares in both primary and secondary offerings. In 2007, the Sovereign Fund of Brazil was created for […]

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