Sale of shares of IRB Brazil Re has already been contemplated in the Government Fear

The sale of shares of reinsurer IRB Brazil Re held by the guarantee fund of Educational credit operations (Fgeduc), administered by the Caixa Economica Federal, has already been contemplated in the Government of Michel Temer. However, the operation did not forward once that "forgot" to include in the budget of the Union of 2018. This year, the sale of shares of the IRB was entered in the accounts as deductions to the costs of Student financing program (Fies) worth about R $2 billion. Enamorado. Already the sale of control of the IRB Brazil Re must not leave now. There is a long road to be travelled before, including corporate matters. In addition, the transaction was not included in the budget of the Union. Thus, the sale of the control of the IRB must be alone for 2020. The Union holds the reinsurer control along with Bradesco, Itaú Unibanco and Banco do Brazil and the sale pleases everyone. A relationship with the giant Berkshire Hathaway, Warren Buffett's megainvestidor American, through JPMorgan, was started even at the time of the IPO of the IRB, in July 2017, but did not advance to a link.