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Press release content from Business Wire. The AP news staff was not involved in its creation. XP Inc. (“XP”) Agrees to Terms With Itaú in Connection With Itaú’s Spin-Off of Its Investment in XP February 1, 2021 GMT SÃO PAULO (BUSINESS WIRE) Feb 1, 2021 XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today, following the press release issued on November 27, 2020, that it has entered into two agreements as the consenting party in connection with the spin-off by Itaú Unibanco Holding S.A. of its investment in XP through the corporate reorganization announced by Itaú Unibanco Holding S.A. on December 31, 2020 (the “Corporate Reorganization”). The first agreement (the “IU Conglomerate Agreement”) was entered into with Itaú Unibanco Holding S.A., Itaú Unibanco S.A. and ITB Holding Brasil Participações Ltda. (collectively, the “IU Conglomerate”), ....
Press release content from Globe Newswire. The AP news staff was not involved in its creation. XP Inc. Acquires Riza M&A XP Inc.December 24, 2020 GMT SÃO PAULO, Brazil, Dec. 24, 2020 (GLOBE NEWSWIRE) XP Inc. (Nasdaq: XP). XP Inc., or XP, a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today the acquisition of Riza M&A, an independent financial advisory company. Riza has one of the most seasoned and respected teams in the segment, with experience in important financial institutions and active participation in some of the most relevant M&A transactions over the last decades. Riza’s partners, among them Marco Gonçalves and André Quaresma, will join XP Inc.’s M&A team, enhancing XP’s capabilities to better serve our corporate clients. ....