{
Eduardo Paes

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mubadala seeks partners for new rio de janeiro stock exchange initiative

Mubadala Investment Co. is seeking partners to form a consortium of up to ten members to provide liquidity for Rio de Janeiro's upcoming stock exchange, Base Exchange. This initiative aims to challenge the dominance of São Paulo's B3, with plans for regulatory approval by year-end and a launch in early 2026. Rio Mayor Eduardo Paes has supported the initiative by reducing the service tax on stock exchange activities from 5% to 2%.
Finance Middle East
BRA Eduardo Paes
Business & Industry, Market Report
11:41 18.03.2025
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