Wiz Co agrees to sell 39.75% stake in Inter Seguros to Banco Inter for R$ 409.49 million

Bitget2026/10/19 21:53

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Wiz Co agreed to sell its entire 39.75% stake in Inter Seguros to Banco Inter for R$ 409.49 million.
Banco Inter will own all Inter Seguros shares upon completion, excluding treasury shares.
The price accrues CDI-linked adjustments from October 2, 2026, until closing, when payment is due in full in cash.
Closing requires clearance from Brazil's central bank and competition regulator CADE, with no law or order blocking completion.
Sale proceeds will remain in the seller's cash position pending a management decision.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wiz Co Participacoes e Corretagem de Seguros SA published the original content used to generate this news brief on October 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Wiz Co agrees to sell 39.75% stake in Inter Seguros to Banco Inter for R$ 409.49 million

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