"This Is `The Big One' For Brazilian Banking"

"This is `the big one' for Brazilian banking," (Latin American Business, Nov. 20) incorrectly stated that the minimum bidding price for Banespa, the Sao Paulo state bank, is $3 billion. That figure refers to the bank's total valuation. The controlling stake up for sale carries a minimum price of $942 million.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.