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”
Category Archives: Business
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”
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”
Brazil 2010 M&A hits new record
Brazil is increasingly a participant in the mergers and acquisitions market. Along with China, the Latin American country led the emerging world to account for one-third of the global industry. According to a survey by Thomson Reuters, in 2010, 693 transactions were announced, an annual growth of 37,5%. Size of the market jumped to U.SContinue reading “Brazil 2010 M&A hits new record”
European commission approves Shell – Cosan joint venture | Valor Online
SAO PAULO – The European Commission gave the green light for the creation of a joint venture between Anglo-Dutch Shell and Brazil’s Cosan focused on the production, distribution and sale of sugar, ethanol and related products, according to a statement issued on Tuesday. After examining the operation, the commission concluded that “the transaction will not significantly impedes effective competition in the European Economic Area or a substantial part of it. ” The agency noted that the activities of the joint venture will involve the production,sale and marketing of sugar and ethanol in Brazil and abroad, development and licensing of certain technologies; including ethanol supply, distribution and sale of transportation fuels in Brazil and the production and sale of energy cogeneration facilities of ethanolContinue reading “European commission approves Shell – Cosan joint venture | Valor Online”
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