Bradesco Close to Buying Minority Stake in BMG, Valor Says
The agreement would give Bradesco a minority stake in BMG with an option to take control of it in the future, the Sao Paulo-based newspaper reported. Bradesco started talks with BMG last week after Banco BTG Pactual SA lost exclusive rights to buy a stake, according to Valor.
To contact the editor responsible for this story: James Attwood at email@example.com
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.