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Consolidation In Brazilian Financial Sector Continues

Banco Brasil will purchase a 50 percent stake in niche firm Banco Votorantim SA for $1.8 billion, according to Bloomberg. Banco Votorantim is especially important in auto loan financing, according to the report. jt

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Banco Brasil will purchase a 50 percent stake in niche firm Banco Votorantim SA for $1.8 billion, according to Bloomberg.

Banco Votorantim is especially important in auto-loan financing, according to the report.

jt

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