Twenty-four hours is a long time in the life of a deal, says Paulo Ferraz, president of Banco Bozano Simonsen, who has seen them from most sides. Over the last few years Bozano Simonsen has bought and sold privatization assets both for its own group and on behalf of the government and clients. Earlier this year the bank Meridional, based in the south of Brazil, was purchased as part of a long-term strategy of growing the asset base.
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