Brazil's B3 To Acquire 60% Stake in CRDC

B3 BA Brasil Bolsa Balcao IIBOV late on Thursday:

• SIGNED AN AGREEMENT TO ACQUIRE A 60% STAKE IN CENTRAL DE REGISTRO DE DIREITOS CREDITORIOS, KNOWN AS CRDC

• INITIAL VALUE OF THE TRANSACTION 15 MILLION REAIS ($2.83 MILLION)AT THE CLOSING DATE

• THE AGREEMENT INCLUDES AN OPTION TO PURCHASE THE REMAINING 40%, STARTING IN 2030

• ACSP WILL RETAIN A STAKE IN CRDC

• CLOSING OF THE ACQUISITION IS SUBJECT TO REGULATORY APPROVAL

Source text for Workspace:

Further company coverage:

($1 = 5.3050 reais)