Great expectations surround Brazilian IPOs in 2011. After a 10% rise last year, investment bankers are forecasting a more mature and busy year for IPOs in Brazil. We collected two significant points of view from the Brazilian market: ITAU BBA and Banco Pactual. 2010 was 10% up In 2010, 11 Brazilian companies conducted IPOs andContinue reading “Brazilian IPOs 2011: What investment bankers are forecasting”
Monthly Archives: January 2011
Iberdrola Agrees To Buy Brazil Elektro For $2.4B
Fresh news from The Wall Street Journal: A Spanish company, Iberdrola, has agreed to but Brazil’s Elektro for $2.4B. Nonetheless, the deal needs regulatory approval, expected to be completed in three to six months. The optimistic writer of this blog hopes that the government will not stop this deal. I expect that this deal will help toContinue reading “Iberdrola Agrees To Buy Brazil Elektro For $2.4B”
BRICs: Trillon Dollar Club
In an excellent piece with a very useful graphic, The Economist contrasts and compares the BRICs according to several categories, pointing out that the four countries are far from homogenous. “The BRICs have also stepped up competition between one another in third countries. Although the flow of aid and investment from rich countries to poorContinue reading “BRICs: Trillon Dollar Club”
THE book about Brazilian history
A Parisian friend asked me to suggest him a book about Brazilian history. He got a very quick answer: “1808 – How a mad queen, a fearful prince, and a corrupt court deceived Napoleon and changed the history of Portugal and Brazil forever.” 1808 is one of those books that once you started you haveContinue reading “THE book about Brazilian history”
Emerging market’s spending trends – the Credit Suisse consumer survey
Spending trends in emerging markets were the object of a survey recently conducted by the Credit Suisse Research Institute in collaboration with global market research firm AC Nielsen. The survey explores the spending profiles of consumers within Brazil, Russia, India, China, Egypt, Indonesia and Saudi Arabia. Highlights about Brazil Brazilian consumers rank as the most optimistic:Continue reading “Emerging market’s spending trends – the Credit Suisse consumer survey”