No deal is imminent before the company's July 27 IPO pricing date, sources told Bloomberg. The Brazilian government, which holds a 27% stake in the company, will be among the stake sellers for the IPO, which is expected to raise up to $920 million.
Insurers BB Seguridade Participacoes SA and Bradesco Seguros SA each own a 20.4% stake, while Itau Unibanco Holding SA holds about a 15% stake.
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