NYSE:EVTCDiversified Financial
How Investors May Respond To EVERTEC (EVTC) Acquiring 75% of Brazil’s Tecnobank for $144 Million
EVERTEC, Inc. recently announced it has entered into a definitive agreement to acquire a 75% controlling stake in Tecnobank, a leading fintech company in Brazil’s digital vehicle financing contract registration sector, for approximately US$144 million, with the transaction expected to close in the fourth quarter of 2025 pending regulatory approval.
This deal marks a substantial move for EVERTEC, signaling its deeper commitment to the Brazilian fintech space and further geographical...