Grupo BTG Pactual SA (BBTG11.SA) is gauging the impact of segregating stock trading of its two main business divisions. In securities filing on January 27, 2017, BTG Pactual Group said it is gauging all the legal, regulatory and operational aspects of separating Banco BTG Pactual S.A. and BTG Pactual Participations Ltd. (BOVESPA:BBTG35). Trading of Grupo BTG Pactual's units, a blend of common and preferred shares in both divisions, will be maintained, the filing said. Grupo BTG Pactual's controlling shareholders have signaled they will endorse the business segregation plan, which could entail risks for minority holders of Grupo BTG Pactual's units, the filing said. Both divisions convened shareholder meetings on February 13, 2017, and February 3, 2017, respectively, to discuss the plan.