The Firm is representing J.P.Morgan as financial advisor to the Board of Directors of Itau-Unibanco Holding S.A. (“Itau-Unibanco”) in connection with the fairness opinion delivered in the context of the R$11.7 billion (US$5.8 billion) tender offer for Redecard S.A. (“Redecard”), a Brazilian multi-brand acquirer of credit, debit and benefit cards, and one of the leaders in the electronic payment industry in the Brazilian market.
Redecard is a publicly traded credit card processing company listed on the Brazilian stock exchange. Itau-Unibanco’s tender offer seeks to take Redecard private and delist from the Brazilian stock exchange.
The Simpson Thacher team includes: S. Todd Crider, Thiago Spercel and Jonathan Lieberman (Corporate).
