October 7, 2016 / 1:07 PM / a year ago

BRIEF-BB and BB Seguridade end partnership talks with Correios

Oct 7 (Reuters) - Banco do Brasil :

* Said on Thursday it ended negotiations to establish strategic partnership with Brazilian Postal and Telegraph Company (“Correios”)

* The agreement for distribution of Banco do Brasil’s products and services at the Correios network (Banco Postal) is valid until Dec. 12

* Will analyse its participation in an upcoming partner selection process to be held by Correios based on conditions set out in the Public Selection Notice

* BB Segurigade also said it ended talks with Correios without formalising a partnership

Source text: bit.ly/2dK7G8F , bit.ly/2dKaSkm

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