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Brazil's Itau Unibanco buys stake in XP Inc for $1.6 billion
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Brazil's Itau Unibanco buys stake in XP Inc for $1.6 billion

2 years ago No Comments

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The deal does not change XP’s governance and should not have a relevant effect on the 2022 results, said the lender in a securities filing.

In November, Itau received approval from Brazil’s central bank to buy the stake.

($1 = 4.9721 reais)

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