Banco BTG Pactual S.A. (BOVESPA:BPAC3) is not considering a divestment of its stake in EFG International AG (SWX:EFGN), BTG's Chief Financial Officer said on May 10, 2019. Chief Financial Officer João Dantas said controlling shareholders in BTG Pactual were happy with their stake in EFG and want to keep it. Dantas said the bank might in the future consider a corporate reorganization for its 29% stake in EFG, but a sale was ruled out.

Chief Executive Officer Roberto Sallouti told analysts in a conference call on May 09, 2019 that investors do not see a clear synergy between BTG Pactual and EFG and that the bank was taking that into consideration, but did not have any announcements to make for now.