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Plus500 to Buy Brazilian Broker-Dealer Guru

Plus500 said the acquisition will accelerate its Latin America growth strategy, building on its B2B partnership with Nelogica and presence in Colombia. Guru is regulated by Brazil’s Central Bank.

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The acquisition will further accelerate Plus500's growth strategy in Latin America, building on its existing B2B partnership with Nelogica and its local presence in Colombia, the company said.Guru is a registered broker-dealer, regulated by the Central Bank of Brazil (BCB) and the Securities and Ex…