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Banco Indusval SA (IDVL4.SA)

IDVL4.SA on Sao Paolo Stock Exchange

25 Oct 2016
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Tue, Jun 7 2016

Brazil's Indusval has no firm proposal for sale at this point

SAO PAULO, June 7 Brazilian mid-sized lender Banco Indusval & Partners SA has no proposal, document or decision over a sale of its business at this point, according to a securities filing on Tuesday.

Pengxin eyes purchase of Brazilian bank BI&P, sources say

SAO PAULO Shanghai Pengxin Group Co is in talks to buy control of Brazilian mid-sized lender Banco Indusval & Partners SA, as the Chinese conglomerate aims to expand beyond commodities in Latin America's largest economy, three sources with direct knowledge of the matter said.

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