In June, the Boston Consulting Group report announced that Brazil had over 127 thousand millionaires. The last data from ANBIMA shows that it has gone up again. This week the Brazilian Association of Entities in the Financial and Capital Markets (Anbima) has estimated that Brazil has around 150 thousand people with more than R$million in financialContinue reading “More Brazilian milionaires”
Category Archives: Investment
Spain’s Natraceutical in Brazil expansion deal
MADRID, Oct 7 (Reuters) – Spanish food group Natraceutical (NATE.MC) said on Thursday it had made a deal with Brazil’s Bio Group to develop its Forte Pharma food supplements brand in that country, an agreement which may allow parent Natra to cut debt. Natra, with market capitalisation of 96.38 million euros ($131.6 million), has anContinue reading “Spain’s Natraceutical in Brazil expansion deal”
Brazil’s Growing Peacekeeping Role
The Economist notes Brazil’s growing peacekeeping military role. Brazil has long been an enthusiastic peacekeeper, sending troops to half the 60 or so UN operations since 1948. But in the past few years, peacekeeping has become a more important component of Brazil’s foreign policy, while also playing a role back home. It has served asContinue reading “Brazil’s Growing Peacekeeping Role”
Spanish turbine maker Gamesa sees Brazil as a key source of growth
After opening a subsidiary in Brazil earlier this year, Gamesa Corporacion Tecnologica is planning to build a new factory in the country that will supply the world’s fastest-growing market for wind energy. According to Bloomberg, the company aims to make locally a significant number of the 129 turbines it will provide to Iberdrola SA for nine BrazilianContinue reading “Spanish turbine maker Gamesa sees Brazil as a key source of growth”
Emerging Markets top Private Equity investment in 2010
Interest in investing private equity dollars in Latin America continue to grow. Brazil deals ranked among the top five largest investments this year. PE investment in Brazil increasing 53% in the first six months of 2010 over full year 2009 totals. Much of the $4.5 billion in emerging markets private equity investments in the firstContinue reading “Emerging Markets top Private Equity investment in 2010”