Evertec to acquire 75% stake in Tecnobank for R$787M (~$144M)

EVERTEC, Inc.

Acquisition price R$787 million (~USD $144M) for 75% ownership of Brazilian fintech Tecnobank.
Transaction expected to close in Q4 2025, subject to Brazilian antitrust (CADE) approval.
Deal to be funded with Evertec's existing liquidity.
Tecnobank is a leading vendor in Brazil's digital vehicle financing registration sector.

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