May 13, 2013 / 11:11 PM / 5 years ago

Brazil's Grupo Caoa rescinds offer to buy troubled lender BVA

SAO PAULO, May 13 (Reuters) - Brazilian entrepreneur Carlos Alberto Oliveira Andrade rescinded an offer to buy bankrupt lender Banco BVA after some creditors rejected his proposal, according to a statement from his Grupo Caoa on Monday.

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