Brief: Santander Brasil Says Signed Binding Agreement To Create Joint Venture With Sodexo In Brazil

Banco Santander Brasil SA

25/07/2023 02:07

July 24 (Reuters) - Sodexo SA  EXHO.PA :
    * SANTANDER BRASIL SAYS SIGNED BINDING AGREEMENT TO CREATE
JOINT
VENTURE WITH SODEXO IN BRAZIL
    * SANTANDER BRASIL SAYS JOINT VENTURE WILL DEVELOP MARKETING
AND
SALES OF SODEXO'S PAYMENT PRODUCTS VIA SANTANDER DISTRIBUTION
CHANNEL
    * SANTANDER BRASIL SAYS WILL INITIALLY HOLD 20% OF JV, WHILE
SODEXO WILL HOLD 80%

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 (Reporting by Carolina Pulice)
 ((Carolina.Pulice@thomsonreuters.com;))