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Itau Unibanco Holding S.A.

Acquire an additional stake in XP Inc

Deadline passed; outcome being checked

Announced
11 Feb 2021
Due
31 Dec 2022
Status
Checking
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“Subject to the Central Bank’s approval, in 2022, we expect to acquire an additional stake corresponding to approximately 11.38% of the capital stock of XP Inc..”

What we found

The deadline has passed. We check for public evidence starting 30 days after the deadline, and repeat the check if nothing clear turns up.

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Transaction other
Indicative materiality
Medium rules
Action
Acquire
Deliverable
11.38% stake in XP Inc.
Target
11.38 %
Language
Expected (“expects”, “plans”)
In the company’s control
Medium
Specificity
Medium
Conditional
Yes: Subject to the Central Bank’s approval
Depends on
Regulatory

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. OutcomeNot yet assessed. Nothing is judged before the deadline.

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Report an error in this entry Reference: KI-C-2021-ITUB-023610 · Corrections policy

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