CTT initiates process to sell controlling stake in Banco CTT

CTT has announced the initiation of a process to sell a controlling stake in Banco CTT, without specifying a timeline. Previously, they received an unsolicited expression of interest regarding a potential transaction but deemed it premature. The company is now reassessing its strategic options while reaffirming its commitment to the sustainable growth of Banco CTT. CTT aims to prioritize solutions that ensure long-term partnership with Banco CTT, considering the interests of shareholders and stakeholders. They will keep the market informed about any developments related to this strategy.