Approval was without restrictions; business is valued at $ 2 billion and involves 58% of Banco Master’s capital
Cade (Administrative Council for Economic Defense) approved this Thursday (17.Jun.2025) the purchase of the Master Bank by BRB (Bank of Brasilia) without restrictions. The acquisition involves 58% of Banco Master’s capital, 100% of preferred shares and 49% of ordinary. The deal was valued at $ 2 billion.
This is the full of the made by BRB (PDF – 595 KB) and Cade (PDF – 158 KB).
The purchase was on March 28, 2025. The acquisition price is 75% of Banco Master’s consolidated equity, calculated according to audited financial statements, adjusted by any assets or recognition of balance sheet.
According to BRB, the decision aims to incorporate the Master Bank to the BRB conglomerate and is a strategy for expanding and strengthening its position in the financial market.
The Master Bank had. It registered a 100.7% increase compared to 2023, when the gains reached R $ 531.8 million.
The acquisition was by congressmen from the PT and PSOL of the Federal District. The president of BRB, Paulo Henrique Costa, in April, that the purchase will result in a financial group with greater competitiveness to offer services in advantageous conditions to customers across the country.
