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Three M&A deals close in Brazil: Urban, Greystar and Archimed

FinanceInternationalLexLatin40 s readAI summary
Image: LexLatin

Three deals closed in Brazil: Urban, a virtual asset infrastructure and international payments firm, merged with Caldeira OTC Group, with a combined portfolio of 21 billion reais (about 3.923 billion dollars), and will seek a license from the Central Bank to operate as an SPSAV. Greystar Brasil bought 100% of Uliving Brasil, which holds 13 student housing properties. Archimed acquired, through its MED III fund, an indirect 70% stake in the holding companies of Genetica Tecnologias Ambientais. Deal values were not disclosed.

In 40 seconds

  • Urban and Caldeira OTC Group merge and will operate under the Urban brand, seeking an SPSAV license from Brazil's Central Bank
  • Greystar Brasil acquired 100% of Uliving Brasil, which manages 13 student housing properties
  • Archimed entered Brazil and Latin America with an indirect 70% stake in Genetica Tecnologias Ambientais' holding companies through the MED III fund
Read the full story at LexLatin

IASummary generated by artificial intelligence from a story by LexLatin. It may contain errors: the original source prevails.

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