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A small transaction, but significant, Banco do Brasil's (OTCPK:BDORY) $6M purchase of EuroBank...

Apr. 25, 2011 2:21 PM ETBanco do Brasil S.A. (BDORY) StockBDORY, BRAFBy: Stephen Alpher, SA News Editor
A small transaction, but significant, Banco do Brasil's (OTCPK:BDORY) $6M purchase of EuroBank marks the first acquisition of a U.S. retail lender by a Brazilian bank. Brazil's largest lender, BB has made it a strategy to expand through overseas purchases.

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