Itaú Unibanco S.A. agree to acquire 11.38% stake in XP Inc. (NasdaqGS:XP) on November 8, 2021. Itaú Unibanco S.A. have obtained approval from central bank to purchase additional stake in XP.

Itaú Unibanco S.A. completed the acquisition of 11.38% stake in XP Inc. (NasdaqGS:XP) for R$ 8 billion on April 29, 2022.