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2 results for “Brazilian Depositary Receipts (BDRs)”

Santander Exchange Offer Forces Brazilian Shareholders to Choose Global Exposure
PROInvesting• 2h ago

Santander Exchange Offer Forces Brazilian Shareholders to Choose Global Exposure

Spanish bank Banco Santander is advancing a voluntary offer for the 10% of Santander Brasil it does not own, asking minority investors to swap local shares for BDRs of the global entity.

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