ITAÚ UNIBANCO - MATERIAL FACT: Sale of Banco Itaú Argentina
- Itaú Unibanco will receive approximately R$250 million from the sale of Banco Itaú Argentina
- The non-recurring impact of the transaction is estimated to be negative by approximately R$1.2 billion
SÃO PAULO, Aug. 24, 2023 /PRNewswire/ -- Itaú Unibanco Holding S.A. ("Itaú Unibanco") informs its stockholders and the market that on this date, through its subsidiaries, a binding stock purchase agreement was entered into with Banco Macro ("Macro"), through which all shares held in Banco Itaú Argentina S.A. and its subsidiaries ("BIA") will be sold.
After meeting certain precedent conditions set forth in the agreement and obtaining the required regulatory authorizations in
The non-recurring impact of this transaction on Itaú Unibanco's result is estimated to be negative by approximately
After the completion of this transaction, Itaú Unibanco will continue serving corporate clients, both local and regional, and individuals in the wealth and private banking segments through its foreign units. It will also submit a request, to be approved by regulators in
RENATO LULIA JACOB
Group Head of Investor Relations and Market Intelligence
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SOURCE Itaú Unibanco Holding S.A.