Banks have suffered everywhere with the financial crisis. Well, not everywhere. Brazilian banks have cash and appetite for seizing opportunities in other countries. This is a shift of trends. Not so long ago Brazilian banks were being bought by international institutions. Last week Banco do Brasil announced its move in Argentina. Yesterday, in an interviewContinue reading “Brazilian banks go shopping around the world”
Tag Archives: M&A
China and Brazil account for 32% of world M&A activity in the 1Q10
Worldwide deal volumes swelled to about $564 billion for the three months ended March 31, according to data from Thomson Reuters, 18.4 percent higher than the same time last year. Deals have also taken on a more international character: Cross-border transactions added up to about 36.6 percent of all mergers for the first quarter, nearlyContinue reading “China and Brazil account for 32% of world M&A activity in the 1Q10”
Brazilian companies getting more “global” in February
Brazilian companies appetite for investments abroad is growing again. In February, the Brazilian Central Bank index IBD (Brazilian direct investment) hit US$ 4,2 billions. With this result, Central Bank has already revised its forecasts for the year; now they expects an annual IBD of US$ 15 billions against its previous forecast of US$ 5 billion. TheContinue reading “Brazilian companies getting more “global” in February”
BRAZILGLOBAL.NET 