Banco BTG Pactual and Banco Santander Brasil (BSBR) are among firms in talks to acquire Julius Baer’s (JBAXY) Brazil unit, Cristiane Lucchesi of Bloomberg reports, citing people familiar with the matter. XP Inc. (XP) and Banco Safra are also at the negotiating table, sources told Bloomberg. The price for the unit could reach $160M, the people said.
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