Itaú Acquires 11.3% Stake in Brazil’s XP From General Atlantic, Others for ~USD1.6b

April 30, 2022

(Brazil Journal) Itaú Unibanco acquired an 11.3% stake in Brazil-based brokerage XP for BRL7.9b (~USD1.6b), with the majority of shares sold by General Atlantic, which retains a 3.3% stake.

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