trending Market Intelligence /marketintelligence/en/news-insights/trending/O2i6Skj5in50T3xVrPOsLw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Santander Brasil to pay 1.6B reais for 40% Banco Olé stake

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

Santander Brasil to pay 1.6B reais for 40% Banco Olé stake

Banco Santander (Brasil) SA will pay 1.6 billion Brazilian reais (US$394.1 million) to acquire the remaining 40% stake in Banco Olé Bonsucesso Consignado SA it does not already own, the company said in a Dec. 20 filing.

The Brazilian unit of Spain's Banco Santander SA said that it signed a binding agreement to purchase the stake, subject to the formalization of the definitive documents and other conditions, including regulatory approvals. The binding deal comes nine months after Bosan Participações SA said that it would exercise its put option to sell its 40% stake in Banco Olé as part of an investment agreement involving Santander Brasil.

The transaction, once completed, will give Santander Brasil, which already owned a 60% stake in Banco Olé, sole ownership of the company.

As of Dec. 19, US$1 was equivalent to 4.06 Brazilian reais.