CIEL3.SA announced a cash dividend of 0.152 with an ex-date of Mar. 18, 2024
Goldman Sachs Group Inc. and Morgan Stanley are eager to win a bigger share of the market for new collateralized loan obligations -- and they're proving it with their willingness to backstop some of the riskiest slices of CLOs, Bloomberg's Lisa Lee reports.
(Bloomberg) -- A plan by two of Brazil’s largest banks to take payments company Cielo SA private faces pushback from minority stakeholders who are planning to negotiate for a higher price, according to people familiar with the matter.Most Read from BloombergBiden’s Attempt to Address Memory Issue Backfires With New GaffeA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaChina’s Property Crisis Is Starting to Ripple Across the WorldNew York City Is Considering a Laundry Pods CrackdownPut
SAO PAULO (Reuters) -Payments company Cielo said on Monday a trio of Brazilian firms including its controlling shareholders had launched a tender offer to take it private in a deal that could be worth up to 5.90 billion reais ($1.18 billion). Lenders Bradesco and Banco do Brasil, which together hold almost 60% of Cielo, are making the offer together with their shared holding company, Grupo Elopar. The offer would be at 5.35 reais per share, a 6.4% premium from Monday's closing price, Banco do Brasil and Bradesco said in separate filings.