Brazilian bank Itau today announced it will acquire rival bank Unibanco in a deal that will see Itau become Latin America's largest financial firm, according to a Reuters report. Itua shares climbed 17 percent after the announcement, and Unibanco stock
Brazilian bank Itau today announced it will acquire rival bank Unibanco in a deal that will see Itau become Latin America’s largest financial firm, according to a Reuters report.
Itua shares climbed 17 percent after the announcement, and Unibanco stock was up 11 percent in morning trading.
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