By Brazil Stock Guide – Banco de Brasília S.A. (B3: BSLI3, BSLI4) said that WNT Gestora de Recursos and Deneb FIP Multiestratégia, a fund managed by Banco Master, increased their holdings and now control more than 12% of the bank’s preferred shares.
The disclosure comes less than three weeks after Brazil’s central bank rejected, on September 3, BRB’s attempt to acquire Banco Master, a decision that reshaped the bank’s near-term growth strategy.
WNT, led by investor Valério Marega Junior, has built an 8.01% stake in preferred shares, of which 7.89% is concentrated in the Verbier fund. Deneb, managed by Master and controlled by banker Daniel Vorcaro, acquired 12.07 million common shares (3.77%) and 10.17 million preferred shares (6.12%), totaling 4.57% of the bank’s capital.