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3 results for “Brazilian Depositary Receipts

Brazil’s Ibovespa to Include US-Listed Giants Like Nubank and XP, Marking Major Index Shift
NASDAQSep 10

Brazil’s Ibovespa to Include US-Listed Giants Like Nubank and XP, Marking Major Index Shift

The B3 stock exchange announced Brazilian Depositary Receipts (BDRs) for US-listed companies like Nubank and XP Inc. will join the Ibovespa, starting in 2027, with a 10% limit.

Santander Brasil SANB11 Units Surge 13% on Voluntary OPA; Reduced Liquidity Risks Loom for Investors
PROInvestingAug 03

Santander Brasil SANB11 Units Surge 13% on Voluntary OPA; Reduced Liquidity Risks Loom for Investors

Banco Santander announced a voluntary exchange offer for the 10% of Santander Brasil it does not own, boosting SANB11 units by over 13%.

Squadra Cuts Inter (INBR32) Stake Below 10% Amid 34% Selloff
MarketsJul 16

Squadra Cuts Inter (INBR32) Stake Below 10% Amid 34% Selloff

Squadra Investimentos reduced its equity stake in Inter (INBR32) to 9.80% as the digital bank faces earnings deceleration and revised strategic targets.