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BM&FBOVESPA informs you that today a General Meeting of Shareholders of the Colombia Stock Exchange (BVC) appointed BM&FBOVESPA’s Latin America Market Development Managing Director Roberto Belchior to its Board of Directors.
“We can now be involved in the Colombia Stock Exchange’s decisions. We need to work towards identifying synergies, business opportunities and the exchange of information among financial hubs in the region, promoting the growth and development of markets, products and services,” said Belchior, adding that the Brazilian exchange already holds a 9.9% stake in BVC, acquired through an investment of approximately BRL 44 million.
Development Project for Latin American markets
BM&FBOVESPA’s internationalization strategy in Latin America seeks to promote cooperative growth in the region’s markets and exchanges through acquiring significant minority stakes and through joint work on product and service development. BM&FBOVESPA seeks to transform Latin America into global financial hub, attracting investments from other parts of the world and creating investment opportunities for investors in the region itself. BM&FBOVESPA continues to assess investment opportunities among those companies in the region that have activities complementary to its own.
