Edition:
India

BNDES CEO says investment arm BNDESPar may sell part of its portfolio


Friday, 8 Dec 2017 

Dec 7 (Reuters) - Banco Nacional De Desenvolvimento Economico E Social Bndes [RIC:RIC:BNDES.UL]::BRAZIL'S BNDES CEO SAYS MAY SELL AT LEAST 10 PERCENT OF SHARES OWNED BY INVESTMENT ARM BNDESPAR.BRAZIL'S BNDES CEO SAYS SALE OF SHARE PORTFOLIO OWNED BY INVESTMENT ARM BNDESPAR WILL BE GRADUAL.BRAZIL'S BNDES CEO SAYS SHARE PORTFOLIO OWNED BY BNDESPAR IS WORTH AROUND 60 BILLION REAIS.BRAZIL'S BNDES CEO SAYS PROCEEDS FROM SALE OF BNDESPAR PORTFOLIO WILL FUND BANK ACTIVITIES.BRAZIL'S BNDES CEO SAYS INVESTMENT ARM BNDESPAR MAY SELL JBS SHARES.