Banco Cruzeiro do Sul S.A. Corporate Taxpayer's ID (CNPJ/MF): 62.136.254/0001-99 Company Registry (NIRE): 35300011015 Publicly-held Company Material Fact

Banco Cruzeiro do Sul S/A, a publicly-held financial institution, pursuant to paragraph 4 of Article 157 of Law 6404/76, of December 15, 1976, as amended, and CVM Instruction 358, of January 3, 2002, as amended, as well as with other applicable provisions, hereby informs the market that on this date it entered into a Share Purchase Agreement for the acquisition of
88.7194% of the capital stock of Banco Prosper S.A. for R$55 million.
Established in 1991, Banco Prosper is a multiple-service bank with a presence in São Paulo, Rio de Janeiro and Salvador which operates in the commercial, credit, financing and investment segments and has a license to deal on the FX market.
This transaction is in line with Banco Cruzeiro do Sul's strategy of actively participating in the consolidation of the Brazilian financial market, enhancing its presence in the paycheck- deductible personal loan segment, expanding its operations in other areas of the Brazilian financial market, adding value thanks to efficiency gains in its units and strengthening its position in the Brazilian market.
Further details on this transaction will be provided during a conference call to be held on December 27th, 2011 at 12:00 p.m. (Brasília time) in Portuguese and 12:45 p.m. (Brasília time) in English.
The acquisition is still subject to the authorization of the Brazilian Central Bank and other usual conditions precedent.
The Bank will keep its shareholders and the market informed of the progress of the transaction.
Luis Octavio Azeredo Lopes Indio da Costa
CEO and IR Director.

distribué par

Ce noodl a été diffusé par Banco Cruzeiro do Sul SA et initialement mise en ligne sur le site http://www.bcsul.com.br. La version originale est disponible ici.

Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2011-12-26 21:38:15 PM et restera accessible depuis ce lien permanent.

Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité.

Documents associés
Material Fact