Banco Santander Brasil (BSBR) has released an update.
Banco Santander Brasil has announced the completion of its subsidiary Santander Corretora’s investment in América Gestão Serviços em Energia S.A., with Santander Brasil now indirectly owning a 70% stake in the total and voting capital of América Energia. This strategic acquisition aligns with the bank’s expansion into the energy sector and signifies its commitment to diversifying its investment portfolio.
For further insights into BSBR stock, check out TipRanks’ Stock Analysis page.