KM Financial Solutions | UPDATE 2-Banco do Brasil to raise ‘billions of reais’ with asset management sale -CEO
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UPDATE 2-Banco do Brasil to raise ‘billions of reais’ with asset management sale -CEO

UPDATE 2-Banco do Brasil to raise ‘billions of reais’ with asset management sale -CEO

Banco do Brasil SA’s
chief executive, who has pushed unsuccessfully to
privatize the entire bank, said on Thursday that the lender will
likely raise “billions of reais” from the sale of a controlling
stake in its asset management unit.

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