Squadra Entities Acquire Significant Stake in Inter & Co

Inter & Company Incorporation Class A (INTR) has released an update.

Inter & Company Incorporation Class A has announced that investment management firms Squadra Investimentos and Squadra Investments now collectively hold approximately 9.97% of the company’s Class A Common Shares. This substantial stake is composed of both Class A Common Shares and Brazilian Depositary Receipts. The firms have clarified that this acquisition is solely for investment purposes and not intended to alter the company’s control or management structure.

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