TTT Moneycorp’s Acquisition of 42,5% interest in Novo Mundo Corretora de Câmbio S.A.


Veirano and Barcellos Tucunduva advised on the deal

The Moneycorp Group finalized the acquisition of 42,5% intereest in Brazilian foreign exchange business Novo Mundo Corretora de Cambio.

Novo Mundo Corretora de Cambio has offices across Sao Paolo, Curitiba, Rio de Janeiro and Salvador.

TTT Moneycorp Limited provides foreign exchange and payment services. The company, led by Mark Horgan, Noel Medici, David Kerns, Matthew Cook and Robert Birchall offers personal transfers, such as one off and regular payments, and online money transfers, as well as solutions to target a rate, such as forward contracts, market orders, foreign exchange options, and spot contracts.

Veirano advised TTT Moneycorp Ltd. Roberto Rudzit (Picture) Guilherme Potenza, Alexandre Turqueto and Alexandre Diniz.

Barcellos Tucunduva advised Novo Mundo Corretora de Câmbio S.A. with Jose Luis Doles and Ricardo Vieira.

Involved fees earner: José Luis Leite Doles – Barcellos Tucunduva; Ricardo dos Santos de Almeida Vieira – Barcellos Tucunduva; Roberto Rudzit Neto – Veirano Advogados; Guilherme Potenza – Veirano Advogados; Alexandre Camargo Turqueto – Veirano Advogados;

Law Firms: Barcellos Tucunduva; Veirano Advogados;

Clients: TTT Moneycorp ; Novo Mundo Corretora de Câmbio S.A.;

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Author: Ambrogio Visconti.