Close

Form 6-K Itau Unibanco Holding For: Sep 30

September 30, 2016 8:51 AM EDT

 

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

Report of Foreign Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

 

For the month of September 2016

Commission File Number: 001-15276

 

Itaú Unibanco Holding S.A.

(Exact name of registrant as specified in its charter)

 

Itaú Unibanco Holding S.A.

(Translation of Registrant’s Name into English)

 

Praça Alfredo Egydio de Souza Aranha, 100-Torre Conceicao - CEP

04344-902 São Paulo, SP, Brazil

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F: x  Form 40-F: ¨

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

 

Yes: ¨  No: x

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

 

Yes: ¨  No: x

 

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes: ¨   No: x

 

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
82-___________________. 

 

 

 

 

 

  

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. 

 

  Itaú Unibanco Holding S.A.  
    (Registrant)  
         
         
Date: September 30, 2016 By: /s/ Marcelo Kopel  
    Name: Marcelo Kopel  
    Title: Investor Relations Officer  

  

  By: /s/ Eduardo Mazzilli de Vassimon  
    Name: Eduardo Mazzilli de Vassimon  
    Title: Chief Financial Officer  

  

  

 

 

 

EXHIBIT INDEX

 

99.1

ANNOUNCEMENT TO THE MARKET

  

 

 

Exhibit 99.1

 

 

Itaú Unibanco Holding S.A.

CNPJ 60.872.504/0001-23 A Publicly Listed Company NIRE 35300010230

 

ANNOUNCEMENT TO THE MARKET

 

ITAÚ UNIBANCO HOLDING S.A. (“Company”) announces to its stockholders and the market in general that, on this date, an agreement for the share purchase agreement (“Agreement”) was entered into with Banco BMG S.A. (“BMG”) by means of which Itaú Unibanco S.A. (“Itaú Unibanco”), acting by itself or through its affiliates, undertakes to purchase the totality of the equity interest held by BMG in Banco Itaú BMG Consignado S.A. (“Itaú BMG Consignado”), corresponding to 40% of its total share capital, and becoming the holder of 100% of Itaú BMG Consignado’s total share capital upon the consummation of the acquisition.

 

Itaú Unibanco shall pay approximately R$ 1.28 billion to BMG, adjusted by the CDI variation since December 31, 2015 until the effective date of the transfer of shares, after certain conditions set forth in the Agreement are met, including the obtainment of the applicable regulatory authorizations.

 

Itaú Unibanco and BMG will maintain an association by means of the execution of a new commercial agreement for the distribution of payroll loans of Itaú BMG Consignado and its affiliates, on an exclusive basis, through certain distribution channels linked to BMG and its affiliates.

 

The Company will maintain the leadership among private banks in this segment considering, in addition to its other payroll loan operations, the Itaú BMG Consignado portfolio, which on August 31, 2016 corresponded to approximately R$ 29.0 billion. This transaction will not produce material results for Itaú Unibanco in 2016.

 

The Company emphasizes, through this transaction, its strategy to operate with assets of lower risk and attractive profitability, and its commitment with the quality of services provided to its clients and the creation of long-term value to its stockholders.

 

São Paulo, September 29, 2016

  

MARCELO KOPEL

Investor Relations Officer

 

 

 



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

SEC Filings