Warburg Pincus Said to Opt Out of Buying Brazilian Bank's SharesBy
New York-based fund will have its stake in Indusval diluted
Lender is raising $20 million in capital with share sale
Warburg Pincus LLC, the New York-based private-equity firm, won’t buy more shares of Banco Indusval SA as the Brazilian bank sells stock to raise 80 million reais ($20 million) in capital, according to two people with direct knowledge of the matter.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.