Machado Meyer Advogados advised Banco Santander (Brasil) on the acquisition of all the shares of Toro Participações, which was advised by BMA and Azevedo Sette Advogados.
Once the transaction is in place, Santander will indirectly hold 100% of the capital stock of Toro Corretora de Títulos e Valores Mobiliários and Toro Investimentos. The transaction value was not disclosed.
Machado Meyer Advogados advised Santander and relied on partners Eduardo Castro; José Prado and Adriano Schnur; lawyers Antonio Bruni; André Moretti de Gois and André Mouaccad Filho.
BMA advised Toro Participações and relied on partners Camila Goldberg and Bernardo Cascão; associates Karina Lerner, Pedro Mello Mares-Guia and Matheus Barcelos.
Azevedo Sette Advogados also advised Grupo Toro and its private shareholders and relied on partners Fernando Azevedo Sette, Roberto Ribas Wilson, senior associate Ana Carolina Veloso Ferreira and junior associate Larissa Vargas de Carvalho Pereira.
https://thelatinamericanlawyer.com/three-firms-act-on-the-acquisition-of-toro-by-banco-santander/