Vinci Compass in talks to buy Brazilian asset manager Verde, Brazil Journal reports
Reuters
Jul 29
Vinci Compass in talks to buy Brazilian asset manager Verde, Brazil Journal reports
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)
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