Evertec Brasil Informática S.A. /
Tecnobank Tecnologia Bancária S.A.
Evertec Brasil to buy a controlling stake in Tecnobank
Source for the buyer and target: EVERTEC, Inc.
For the buyer and target.
“On August 18, 2025, Evertec Brasil Informática S.A. (“ Evertec BR ”), a wholly-owned subsidiary of EVERTEC, Inc. (“ Evertec ” or the “ Company ”), entered into a Share Purchase Agreement and Other Covenants (the “ SPA ”), dated as of August 20, 2025, by and among Evertec BR, Tecnobank Tecnologia Bancária S.A., a corporation duly constituted and existing in accordance with the Laws of the Federative Republic of Brazil (“ Tecnobank ”), and certain shareholders of Tecnobank party thereto (the “ Sellers ”).”
Published 21 Aug 2025
Open the sourceWhat happened
Evertec Brasil Informática S.A. agreed to purchase 7,628,470 common shares of Tecnobank Tecnologia Bancária S.A., representing 75% of its total and voting capital stock. The transaction is subject to conditions specified in the share purchase agreement. [01]
The purchase price is approximately R$787 million, representing approximately USD $144 million at current exchange rates, subject to customary adjustments. [01]
The source
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Evertec Brasil to buy a controlling stake in Tecnobank
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