BTG Pactual sells stake to sovereign funds
BTG Pactual, the Brazilian securities firm controlled by billionaire Andre Esteves, said it sold an 18 per cent stake to a group of sovereign wealth funds for $US1.8 billion.
BTG Pactual, the Brazilian bank controlled by billionaire Andre Esteves, agreed to sell a $1.8 billion stake to a group of overseas investors including the Rothschild and Agnelli families.