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Showing posts with label Brazil consumer-finance unit. Show all posts
Showing posts with label Brazil consumer-finance unit. Show all posts

Tuesday, December 13, 2011

Bradesco Said to Be Close to Buying HSBC’s Losango in Brazil

Banco Bradesco SA (BBDC4) is close to buying HSBC Holdings Plc (HSBA)’s Brazil consumer-finance unit, Losango, for about 750 million reais ($415 million), according to two people familiar with the deal.