26 November, 2009
Brazil's Panamericano bank says in talks with Caixa
SAO PAULO, Nov 26 (Reuters) - Brazilian bank Banco Panamericano (BPNM4.SA)(BPNM3.SA), controlled by media tycoon Silvio Santos, said on Thursday its main shareholder was in talks to sell a minority stake to state-owned bank Caixa Economica Federal.
Panamericano said talks with Caixa for the sale of a 49 percent voting stake were ongoing and the price has not yet been determined. (Reporting by Elzio Barreto, editing by Maureen Bavdek) ((elzio.barreto@thomsonreuters.com; +55 11 5644-7725; Reuters Messaging: elzio.barreto.reuters.com@reuters.net))
Source: http://www.reuters.com
Brazil's Panamericano bank says in talks with Caixa Added: (26.11.2009)
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