China's BoCom buys 80 pct of Brazil's BBM in $173 mln deal
May 20, 2015 at 00:32 AM EDT
SHANGHAI/BEIJING May 20 (Reuters) - Bank of Communications Co Ltd (BoCom) said it had bought around 80 percent of Brazilian lender Banco BBM SA for about 525 million real ($173.13 million) in the first overseas acquisition by China's fifth-largest lender.
