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XP Inc. ("XP") Agrees to Terms With Itaú in Connection With Itaú's Spin-Off of Its Investment in XP


Press release content from Business Wire. The AP news staff was not involved in its creation.
XP Inc. (“XP”) Agrees to Terms With Itaú in Connection With Itaú’s Spin-Off of Its Investment in XP
February 1, 2021 GMT
SÃO PAULO (BUSINESS WIRE) Feb 1, 2021
XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today, following the press release issued on November 27, 2020, that it has entered into two agreements as the consenting party in connection with the spin-off by Itaú Unibanco Holding S.A. of its investment in XP through the corporate reorganization announced by Itaú Unibanco Holding S.A. on December 31, 2020 (the “Corporate Reorganization”). The first agreement (the “IU Conglomerate Agreement”) was entered into with Itaú Unibanco Holding S.A., Itaú Unibanco S.A. and ITB Holding Brasil Participações Ltda. (collectively, the “IU Conglomerate”), ....

United States , Natali Pimenta , Xpart Sa , Xp Inc , Unibanco Holding , Holding Brasil Participa , Brasil Participa , General Atlantic , Unibanco Participa , Federal Reserve Board , Corporate Reorganization , Private Securities Litigation Reform Act , Investor Contact , Business Wire , ஒன்றுபட்டது மாநிலங்களில் , நடாலி பைமென்டா , க்ஷ்பர்ட் ச , க்ஸ்ப் இன்க் , உனிபங்கோ வைத்திருத்தல் , ஜநரல் அட்லாண்டிக் , கூட்டாட்சியின் இருப்பு பலகை , பெருநிறுவன மறுசீரமைப்பு , ப்ரைவேட் பத்திரங்கள் வழக்கு சீர்திருத்தம் நாடகம் , முதலீட்டாளர் தொடர்பு , வணிக கம்பி ,