Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No ___X____.
Notice to the Market
Banco Bradesco S.A. (Bradesco), continuing the previously disclosed partnership in the credit card area with Banco do Brasil S.A. (BB) and Caixa Econômica Federal that aims to launch Elo Brand, announces that the negotiations with the signature of documents that consolidate the permanence of Caixa Participações (CaixaPar) as shareholders of Elo Serviços S.A. (Elo Serviços) were completed.
Elo Serviços is a private operating company whose functions are the development and management of Elo Brand, whose national market launch occurred on 3.30.2011.
The ownership structure of Elo Serviços has the following composition: Elo Participações S.A. (Elopar) – 66.66% and CaixaPar – 33.34%.
Elopar’s partners are Bradesco – 50.01% and BB – 49.99%.
Cidade de Deus, Osasco, SP, April 17, 2012.
Sincerely,
Banco Bradesco S.A.
BANCO BRADESCO S.A. | ||
By: |
/S/ Luiz Carlos Angelotti
| |
Luiz Carlos Angelotti Executive Managing Officer and Investor Relations Officer |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.