Reuters: Bankruptcy News: Brazil's Grupo Caoa rescinds offer to buy troubled lender BVA

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Brazil's Grupo Caoa rescinds offer to buy troubled lender BVA May 13th 2013, 23:11 SAO PAULO | Mon May 13, 2013 7:11pm EDT SAO PAULO May 13 (Reuters) - Brazilian entrepreneur Carlos Alberto Oliveira Andrade rescinded an offer to buy bankrupt lender Banco BVA after some creditors rejected his proposal, according to a statement from his Grupo Caoa on Monday.

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