CTT will sell controlling stake in Banco CTT

The Board of Directors of CTT announced the initiation of a process to sell a controlling stake in Banco CTT, without specifying a timeline. Previously, on July 21, CTT disclosed an unsolicited interest regarding a potential transaction involving Banco CTT, deeming it premature for any partnership discussions. Following this, CTT is conducting a strategic reassessment of its options while reaffirming its commitment to the sustainable growth of Banco CTT. The company aims to prioritize solutions that ensure its long-term partnership with Banco CTT, considering all alternatives that protect the interests of stakeholders. CTT will inform the market about any developments in accordance with legal and regulatory requirements.