The negotiations between Banco CTT and Cajamar concluded without agreement, that is, fell through. The sale process of Banco CTT did not proceed as expected.
CTT confirmed, in July, that they had received an unsolicited expression of interest related to Banco CTT. However, the origin of this approach was not revealed by the company.
Cajamar was one of the parties involved in these negotiations, having demonstrated interest in acquiring Banco CTT. However, the conversations did not result in an agreement between the entities.
This episode is part of a broader process of selling Banco CTT, which attracted the interest of potential buyers, but which has not yet been successfully completed.
