June 28, 2019 / 10:05 AM / 6 months ago

FACTBOX-Brazil state bank Caixa auctions off Petrobras, other stakes

    June 28 (Reuters) - Brazilian state bank Caixa Economica
Federal          has emerged as a surprise star of broader
government efforts to privatize assets. The following is a list
of some of the main deals that have either already happened or
are expected by year-end.            
    
    On the block - Caixa deals expected for 2019 
 Asset             Deal        Advisers    Proceeds   Status
                                           in U.S.    
                                           dollars*   
 IRB Brasil- fund  follow on   Caixa,      $656 mln   Concluded
 stake                         BofA,                  
                               Bradesco               
                               BBI, BB,               
                               Itaú BBA               
 Petrobras- Caixa  follow on   Caixa,      $1.9 bln   Concluded
 stake                         UBS,                   
                               Morgan                 
                               Stanley,               
                               BofA, XP               
                               Investimen             
                               tos                    
 Banco do Brasil-  follow on   To be       $957 mln   Ongoing
 FGTS stake                    determined             
 Alupar- FGTS      follow on   To be       $230 mln   Ongoing
 stake                         determined             
 Caixa Seguridade  IPO         To be       N.A.       Ongoing
                               determined             
 8 Insurance       M&A         Morgan      N.A.       Ongoing
 partnerships**                Stanley                
 Total in 2019                             $8 bln     
 
 * Estimates, not concluded yet
 ** Offering of healthcare, dental, auto, home, premium bonds,
large risks, assistance services and quotas for purchasing pools
to Caixa clients through joint ventures or commercial
partnerships   

Sources: Caixa and companies
    
($1 = 3.8460 reais)

 (Reporting by Carolina Mandl
Editing by Tom Brown)
  
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