BRIEF-Emergent Capital announces supplement no. 1 to exchange offer
* Emergent Capital announces supplement no. 1 to exchange offer Source text for Eikon: Further company coverage:
SAO PAULO May 10 Brazil's XP Investimentos SA does not rule out selling off a minority stake as it continues proceedings to conduct an initial public offering (IPO), the securities firm said in a Wednesday securities filing.
The statement comes after Itaú Unibanco Holding SA , Brazil's largest private bank, confirmed talks for a minority stake in XP. Local media said on Tuesday that Itaú has proposed to purchase 49.5 percent of XP for 6 billion reais ($1.90 billion).
($1 = 3.1652 reais) (Reporting by Bruno Federowski and Gabriela Mello)
RIO DE JANEIRO/BRASILIA, May 26 Maria Silvia Bastos resigned on Friday as head of Brazil's development bank BNDES amid a political crisis that had increased pressure against her by credit-starved business leaders.