BTG Offers Shareholders $1 Billion Stake in Commodities UnitBy
Bank’s investors will vote on spinoff plan on July 14
Shareholders would have a 13% stake in Engelhart unit
Grupo BTG Pactual, Brazil’s only publicly traded investment bank, proposed giving shareholders a stake of as much as $1 billion in its commodity-trading unit as it spins off the business.
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.