SAO PAULO, Oct 6 (Reuters) - Investment firm Vinci
Compass said on Monday it has agreed to buy Brazilian
asset manager Verde, one of Latin America's most established
hedge funds, in a stock and cash deal.
Vinci said it will acquire 50.1% of Verde for 3.1 million
Class A shares and 46.8 million reais ($8.81 million) in cash.
Five years after the closing, Vinci will purchase the
remaining 49.9% stake as earnout for 127.4 million reais,
through stock, cash or both, it said.
Verde said in July that it was in talks with Vinci.
($1 = 5.3100 reais)