Hildete Vodopives

German brewery will market drink with “caipirinha” taste

Caipirinha going global, with a German accent? Yes, and it is called “Bayão”. Veltins, a traditional German brewery, announced it will invest 500 000 euros to create a bottled beverage with a caipirinha taste. This is Veltins’ first drink containing no beer, and it targets Germans aged between 20 and 30. “Bayão” combines wine andContinue reading “German brewery will market drink with “caipirinha” taste”

Citywire analysis: Brazil is now top pick for EM managers

British magazine Citywire runs frequent ranking for investments in Europe. An analysis announced today shows that Brazil is now the top pick for top performing asset managers in emerging markets. “For half of the top ten best performing managers in emerging markets over the last five years, Brazil represents either their top country exposure or a biggerContinue reading “Citywire analysis: Brazil is now top pick for EM managers”

Brazilian steelmaker CSN sells stake in Australian coal miner for $830 million

CSN or Companhia Siderurgica Nacional (NYSE: SID) struck a deal to sell its 19.9 percent stake in Australian coal miner Riversdale to mining giant Rio Tinto for $830 million (AUD$780 million), according to its securities filing. CSN, Brazil’s largest diversified steelmaking company, sold 47.29 million shares of Riversdale at a price of AUD16.50 per share.Continue reading “Brazilian steelmaker CSN sells stake in Australian coal miner for $830 million”

Brazilian banks mergers: BTG Pactual partners with SMBC and Itau buys stake in Carrefour Bank

In the past days, Brazilian banks mergers hit the news. First, it was Banco do Brasil, acting according to its internationalization strategy, just acquired another bank in Argentina. Now, BTG Pactual, an independent investment bank in Brazil, signed a memorandum of understanding with Sumitomo Mitsui Banking Corporation (SMBC) to work together in Brazilian-related business activities and Itau-UnibancoContinue reading “Brazilian banks mergers: BTG Pactual partners with SMBC and Itau buys stake in Carrefour Bank”

The Washington Post says “JBS dominates world beef industry from farm to fork”

Quite interesting to see a prestigious newspaper such as the Washington Post to dedicate an extensive article to Brazilian company JBS. It starts like this.. ” The founder, who began by slaughtering one or two head a day in 1953, raises calves far in the countryside. Six of his children are in JBS’s management. And ranchersContinue reading “The Washington Post says “JBS dominates world beef industry from farm to fork””