From Invest in Brazil: French multinational firm Rexel has acquired Brazil’s Nortel Suprimentos Industriais SA, a key player in the distribution of electrical and industrial equipment in Brazil. Rexel is a global leader in the distribution of electrical supplies. The investment enables Rexel gain a significant foothold in the Brazilian market and creates a platformContinue reading “French multinational Rexel acquires Brazil’s Nortel Suprimentos Industriais SA | Invest in Brazil”
Category Archives: Business
Brazilian bakeries are hiring
Labor market overheating is felt in the bakery business and there are now over 25 thousand job openings waiting to be filled. According to the Brazilian Association of the Bakery Industry (Abip), the sector has grown around 10% per year in the last five years. Total sales were R$53 billion in 2010, a 14% growth overContinue reading “Brazilian bakeries are hiring”
Eike Batista announces OGX listing in London as part of the internationalization plan of his companies
After the launch of its New York office as part of a plan of internationalization, EBX announces the listing in London of OGX, the oil company of the group. Eike Batista, chairman of the group said to Jornal Valor that OGX is only the beginning of the process. “Let’s start with OGX, but let’s do this withContinue reading “Eike Batista announces OGX listing in London as part of the internationalization plan of his companies”
Brazil is a promising new frontier for Canadian dealmakers, says PwC report
Opportunities in Brazil for Canadians. That is what brings us the PwC new report. A number of emerging deal drivers suggest that transacting with Brazil will be a promising new frontier for Canadian dealmakers. “The time is right for Canadians to step onto the world stage to capitalize on a global economic realignment thatContinue reading “Brazil is a promising new frontier for Canadian dealmakers, says PwC report”
Prospects for M&A in the BRIC countries
Financier World Wide brings this week a deep analysis on 2011 prospects for M&A in the BRIC countries.I found it a good summary of M&A activity in Brazil, Russia, India and China. My highlights from the original text “While there will always be economic and legal hurdles to global M&A, as it stands the prospectsContinue reading “Prospects for M&A in the BRIC countries”