
Brazilian Court Lifts Block on BRB Acquisition of Banco Master
A Brazilian judge revoked a court decision that blocked the planned sale of Banco Master SA to BRB SA because of an alleged failure by the banks to comply with legal requirements for an acquisition.
Federal District Judge João Egmont Leoncio Lopes ruled that there is 'no real urgency or risk of irreparable damage' to justify the decision that suspended the deal earlier this week. Lopes added that the transaction depends on prior approval from regulatory bodies.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Wall Street Journal
30 minutes ago
- Wall Street Journal
L'Oreal to Buy Majority Stake in British Skincare Brand Medik8
L'Oreal OR -0.24%decrease; red down pointing triangle said it has signed an agreement to acquire a majority stake in British skincare brand Medik8. The company said that Medik8 has strong global potential, as well as high levels of proven efficacy at an accessible price point. The acquisition will strengthen its Luxe portfolio, L'Oreal said.


Bloomberg
an hour ago
- Bloomberg
Qualcomm Agrees to Buy UK-Listed Alphawave for $2.4 Billion
Qualcomm Inc. has agreed to buy London-listed semiconductor company Alphawave IP Group Plc for about $2.4 billion in cash to expand its technology for artificial intelligence. The offer equates to about 183 pence per share for Alphawave, Qualcomm said in a statement on Monday. Alphawave shareholders can also opt to exchange their stock for 0.01662 shares of Qualcomm. The Alphawave board has unanimously recommended the deal.
Yahoo
an hour ago
- Yahoo
Periodic announcement on the acquisition of the Bank‘s own shares and its results (week 5)
This announcement contains information on transactions of the acquisition of own shares of AB Artea bankas (the Bank) carried during the period specified below under the Bank's own share buy-back programme announced on 30 April 2025. The period during which the acquisition of the Bank's own shares under the programme was carried out – 05.05.2025 – 06.06.2025. Period covered by this periodic report – 02.06.2025 – 06.06.2025. Other information: Transaction overview Date Total number of shares purchased on the day ( units) Weighted average price (EUR) Total value of transactions (EUR) 2025.06.02 100,000 0.871 87,100.00 2025.06.03 100,000 0.872 87,179.98 2025.06.04 100,000 0.873 87,298.57 2025.06.05 100,000 0.86 86,000.00 2025.06.06 100,000 0.857 85,700.01 Total acquired during the current week 500,000 0.867 433,278.56 Total acquired during the programme period 2,400,000 0.877 2,105,921.93 The Bank's own bought-back shares: 12,497,749 units. Following the above transactions, the Bank will own a total of 12,997,749 units of own shares representing 1.96 % of the Bank's issued shares. Further detailed information on the transactions is attached. This information is also available at: Additional information:Tomas VarenbergasHead of Investment Management +370 610 44447 Attachment Additional detailed information about transactions (week 5)