Sociedade Técnica Monteiro Aranha S.A. won an auction to acquire additional 10.31% stake in Monteiro Aranha S.A. (BOVESPA:MOAR3) from Banco Montepio Geral Cabo Verde, Sociedade Unipessoal, S.A. (Ifi) for BRL 173 million on March 12, 2021. Caixa - Banco de Investimento acted as a advisor to the seller in this transaction.

Sociedade Técnica Monteiro Aranha S.A. completed the acquisition of additional 10.31% stake in Monteiro Aranha S.A. (BOVESPA:MOAR3) from Banco Montepio Geral Cabo Verde, Sociedade Unipessoal, S.A. (Ifi) on March 12, 2021.