B3 (B3SA3) entered into an investment agreement on November 11, 2026, with IDEX Analytics S.A. and its parent company, Leto Asset Management Ltda., to subscribe for an equity stake in IDEX. The transaction provides for a total capital injection of approximately R$ 40 million into IDEX, made by B3 and Leto. After the injection, B3 may hold up to 40% of the company and will have an option to acquire the remaining stake starting in 2031.
Closing depends on customary conditions precedent for transactions of this type. These include approval from the Administrative Council for Economic Defense (CADE) and notification to the Brazilian Securities and Exchange Commission (CVM).
According to B3, the transaction is aligned with its strategy to strengthen its presence in the fixed income market. B3 seeks to accelerate the development of private credit indices, complementing its current portfolio, and to offer the market data screen and analytics solutions and asset pricing solutions for this segment.
IDEX specializes in indices, data, pricing and analytics solutions for the private credit market. The company grew out of the experience Leto has developed since 2017 and was established as an independent operation in 2025.
Is B3SA3 worth investing in?
- Price
- R$ 14.48
- as of 11/10/2026
- Dividend yield
- 6.23 %
- P/L
- 13.71
- P/VPA
- 3.91








