Reuters: Private Equity: BTG Pactual buying 40 pct of retailer Leader

Reuters: Private Equity Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

BTG Pactual buying 40 pct of retailer Leader May 29th 2012, 13:59 Tue May 29, 2012 9:59am EDT May 29 (Reuters) - BTG Pactual's buyout unit agreed on Tuesday to buy as much as 40 percent of Brazilian apparel retailer Leader Participações, according to a securities filing. BTG Pactual, Brazil's largest independent investment bank, would pay 558.4 million reais ($281 million) in cash for a 35.9 percent stake, the filing said. The bank pledged to pour 106.7 million reais in fresh capital into Leader, which would give it an additional 6.4 percent stake.

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