Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Andrade Makes Offer to Acquire Brazil’s Banco BVA, Veja Reports

Dec. 15 (Bloomberg) -- Brazilian businessman Carlos Alberto de Oliveira Andrade offered this week to buy Banco BVA SA, Veja magazine reported in its Radar column, without saying how it got the information.

Andrade, who has 700 million reais ($336 million) invested in BVA, is the only person to make an offer so far, the Sao Paulo-based magazine said. The lender was taken over by the central bank in October after regulators found deteriorating finances and violations of industry standards, issues on which the bank has declined to comment.

To contact the reporter on this story: Alex Cuadros in Sao Paulo at

To contact the editor responsible for this story: Helder Marinho at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.