trending Market Intelligence /marketintelligence/en/news-insights/trending/xzjlplu4ftwkabp6xqpauw2 content esgSubNav
In This List

Itaúsa completes share offering

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Itaúsa completes share offering

Brazil-based Itaúsa - Investimentos Itaú SA has concluded the private subscription of 175,641,026 shares worth 1.37 billion reais.

The company, on May 18, auctioned the remaining 33,874 shares unsubscribed in the preferred subscription period.

The share offering is meant to raise the company's capital stock. On May 24, the company's board will meet to approve the increase of its capital to about 38.52 billion reais.

As of May 21, US$1 was equivalent to 3.71 Brazilian reais.