Brazil is selected as the best in corporate governance among emerging markets

A panel of 350 investors selected Brazil as the emerging country with the best corporate governance, in a vote conducted by ICGN (International Corporate Governance Network). Brazil received 71% of the votes, followed by China (15%), India (9%) and South Korea (5%). Initiatives such as the “Novo Mercado” (establishing stricter corporate governance standards for companies going public) are among the reason for thisContinue reading “Brazil is selected as the best in corporate governance among emerging markets”

French Apax Partners comes to the tropics

Brazilian IT company  TIVIT announced that French private equity company Apax Partners acquired 54% of the company’s shares. The total acquisition price for the equity stake will be approximately $890 m, amounting to an EV of $ 945 m. According to Luiz Azevedo, analyst of Bradesco Corretora, the price paid for the stake was R$18.1,Continue reading “French Apax Partners comes to the tropics”

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