Business

Quadra Capital nears deal to buy $3 billion of assets from Banco de Brasília, sources say

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Brazilian independent asset manager Quadra Capital is nearing the acquisition of 15 ‌billion reais ($2.99 billion) of assets from state-owned Banco de Brasília (BRB) that were previously held by liquidated lender Banco Master, said three people familiar with the talks.

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