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The New Global Challengers by BCG

The latest Boston Consulting Group report on globalization identifies 100 companies that are shaking up the established economy. These are companies based in rapidly developing countries. BCG calls them the global challengers. “A group of companies from rapidly developing economies has begun to leapfrog past established multinationals in global industry rankings.” Brazil has 13 companies in theContinue reading “The New Global Challengers by BCG”

M&A event coming up in São Paulo

Dealmaking in Brazil: Spotlight on M&A, IPOs and Joint Ventures march 17, 2011 Caesar Park Faria Lima, sao PauLo Dealmaking in Brazil is heating up with m&a up 40% over the past year in terms of volume of deals and over 50% in terms of value. This panel discussion will examine some of the major dealsContinue reading “M&A event coming up in São Paulo”

Brazilian textile company acquires plant in the US

News from the Charlotte Business Journal about Companhia Providencia will invest an additional $60 million and add 28 jobs to its $70 million Statesville plant, boosting total employment to 81. Read more: Companhia Providencia invests $60M in Statesville | Charlotte Business Journal

Please welcome: EBX International, the latest Brazilian multinational

The Rio based EBX Group is planning to strengthen its presence outside Brazil and announced the openning of an office in New York to host EBX International. According to Eike Batista, chairman of the group: “with the creation of EBX and the International office opening in New York, let’s get even closer to global investors. We areContinue reading “Please welcome: EBX International, the latest Brazilian multinational”

Banco do Brasil expands in the US and Africa

Bank of Brazil announced this week the purchase of a bank in Miami, USA and signing a joint venture with Portuguese bank Espirito Santo and Brazilian rival Bradesco. The acquisitions are part of the internationalization strategy of Brazil biggest public bank, , which includes Latin America, after the recent purchase of Banco Patagonia. In the US, targeting Brazilian High Net Wealth The institution being acquired in MiamiContinue reading “Banco do Brasil expands in the US and Africa”