Banco Bradesco Finalizes Strategic Partnership with John Deere

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2025.02.11 13:13
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Banco Bradesco S.A. has finalized a strategic partnership with John Deere Brasil S.A., acquiring a 50% stake in Banco John Deere S.A. This partnership aims to enhance financial solutions for clients in agribusiness and construction sectors. The acquisition is not expected to significantly affect Bradesco's capitalization rate. Banco Bradesco is a major financial institution in Brazil, with a market cap of $20.97B and a year-to-date price performance of 12.83%.