Business · Companies · 1 hr ago

Wiz Co agrees to sell its 39.75% stake in Inter Seguros to Banco Inter

Wiz Co agrees to sell its 39.75% stake in Inter Seguros to Banco Inter

Wiz Co has agreed to sell its stake in Inter Seguros to Banco Inter.

The stake is 39.75% of the insurance company's share capital.

Inter Seguros is a digital insurance brokerage and consulting company.

The deal is valued at R$409.5 million.

If completed, Banco Inter will acquire the shareholding held by Wiz Co.

The announcement says an agreement has been signed, but gives no further details about when the sale will be completed.

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