Brazil's Banco Master awaits M&A proposal from BTG Pactual, sources say
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 03 2025
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Source: Reuters
Banco Master and BTG Pactual Talks: Banco Master is negotiating with BTG Pactual to sell assets valued between 15 billion and 23 billion reais, following a deal where state-controlled BRB acquired most of its capital. The negotiations include court-ordered payments and private equity holdings.
Funding Strategy and Market Adjustments: Amid scrutiny of its funding strategy, Banco Master is also seeking international funding while adjusting the yields on its new debt securities to align more closely with market averages after the sale to BRB.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








