Brazilian MZ Group goes to Australia

Brazilian investor relations specialist MZ Group announces the beginning of its activities in Australia. Rather than compete directly with local providers, MZ Australia will work side-by-side with existing strategic partners and internal IR teams to help maximize shareholder returns. Founded in 1999, MZ Group has become a Brazilian multinational headquartered in São Paulo with offices in Atlanta, Beijing,Continue reading “Brazilian MZ Group goes to Australia”

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”

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”