Brazil lender Itau Unibanco sells all its Class A shares in XP-March 2024-www.financetom.com

Brazil lender Itau Unibanco sells all its Class A shares in XP

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Brazil lender Itau Unibanco sells all its Class A shares in XP

Aug 25, 2024 10:42 AM

SAO PAULO, Aug 23 (Reuters) - Brazilian lender Itau

Unibanco ( ITUB ) said on Friday that it had sold all the

Class A shares it had held in brokerage XP.

Itau added in a securities filing it will still control a

1.5% stake in XP, as it has some 8.29 million Class B shares. It

did not disclose the amount raised from the deal.

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