Brazil's Banco Pan Soars by Most in Five Years on BTG Pactual Takeover Offer
The trading floor at the Banco BTG Pactual SA headquarters in Sao Paulo.
Photographer: Tuane Fernandes/BloombergBanco Pan SA surged the most in five years after Banco BTG Pactual SA announced a bid to acquire the remaining shares that it doesn’t already own in the financial institution.