SAO PAULO, Feb 6 (Reuters) - Brazilian lender Banco Safra said on Tuesday it acquired broker Guide Investimentos from China's Fosun International.
The value of the deal was not disclosed.
Guide has around 20 billion reais ($4.03 billion) in assets under custody and also operates in the wealth management business.
Safra said its goal is to accelerate Guide's growth and "further expand the range of products and services offered to clients."
The deal is still subject to regulatory approvals. ($1 = 4.9634 reais) (Reporting by Peter Frontini Editing by Chris Reese)
