Banco Santander Brasil SA Announces Sale of Subsidiary

Friday, 31 May 2013 08:30am EDT 

Banco Santander Brasil SA (Santander Brasil) announced that on May 30, 2013 a transaction of selling a total number of shares of Santander Brasil Asset Management Distribuidora de Titulos e Valores Mobiliarios SA (SAM Brasil), a company controlled by Santander Brasil with a minority stake held by Santander Leasing SA Arrendamento Mercantil (Santander Leasing), was approved.