Insurance
Investment Banking
Mergers & Acquisitions
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BTG Teams Up With Abu Dhabi Fund for Ariel Re Acquisition
Grupo BTG Pactual, Brazil’s only publicly traded independent investment bank, is partnering with shareholder Abu Dhabi Investment Council to expand its reinsurance business, said Chief Executive Officer Andre Esteves. BTG and the sovereign fund will each take a 50 percent stake in Ariel Re, the reinsurance unit that BTG has…
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Click here to read the full story: Bloomberg Business Week