Mitsubishi UFJ sells shares in Brazilian lender Banco Bradesco in auction - source

Banco Bradesco

05/04/2018 16:14

SAO PAULO, April 5 (Reuters) - Tokyo-based financial company
Mitsubishi UFJ Financial Group  8306.T  sold common shares of
Brazilian lender Banco Bradesco SA  BBDC3.SA  in an auction on
Thursday, according to a source with knowledge of the matter.
    Common shares of Bradesco were down 1.73 percent after the
auction, at 34.10, at the Brazilian stock exchange. Shares were
sold by 33.82, according to the source. In the auction,
Mitsubishi UFJ reduced its stake in Bradesco to about 1.25
percent from 2.5 percent, the source said. 
    Neither Mitsubishi nor Bradesco responded to requests for
comment. 

 (Reporting by Carolina Mandl and Flavia Bohone)
 ((carolina.mandl@thomsonreuters.com; +55 11 5644 7703;))