Lojas Americanas SA (BOVESPA:LAME4) agreed to acquire the operating distribution rights from FAI - Financeira Americanas Itaú S.A. Crédito for approximately BRL 110 million on August 9, 2012. Acquisition includes operating right with respect to the exclusive offering, distribution and commercialization of the financial products and services through the distribution channels of Lojas Americanas. In a related transaction, Itau Unibanco Holding S.A. (BOVESPA:ITUB4) signed a purchase agreement to acquire the remaining 50% stake in FAI - Financeira Americanas Itaú S.A. Crédito (FAI) from Lojas Americanas SA (BOVESPA:LAME4) for approximately BRL 83 million. The transaction is subject to the necessary approval of the Central Bank of Brazil.

Lojas Americanas SA (BOVESPA:LAME4) completed the acquisition of operating distribution rights from FAI - Financeira Americanas Itaú S.A. Crédito on January 11, 2013.