Vinci Compass in talks to buy Brazilian asset manager Verde, Brazil Journal reports

Reuters

07/29

SAO PAULO, July 28 (Reuters) - Vinci Compass VINP.O is in talks to buy Verde Asset Management, news outlet Brazil Journal reported on Monday, citing sources.

The two Brazilian asset managers reached an initial agreement for a joint venture that would give Vinci control of Verde after five years, the report added.

(Reporting by Andre Romani; Editing by Kylie Madry)

((Andre.Romani@thomsonreuters.com; 11 991314109;11 56447500;))

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