2012 was a year of contrasts for Brazil. To start with, FDI was record but the country is not cheap anymore. Momentum is still positive. 7 out of 10 business leaders interviewed by the E&Y attractiveness survey point Brazil as the most attractive place to establish operations in Latin America. Is it a good result? Considering the size of the Brazilian economy,Continue reading “Brazil: our highlights of 2012”
Tag Archives: Utilities
Utilities M&A: Chinese biding Brazilian plants and CEMIG thinking of acquiring in Latin America
Traditionally, investors turn to utilities when times get tough. Botton line is: a lot of M&A activity going on. What is cheap today? On the report “The Playbook for Latam Equity Strategy” dated April 26th, Deutsch Bank argues that “.. the discount evaporates after adjusting for sector multiples. ” DB thinks that the only LatinContinue reading “Utilities M&A: Chinese biding Brazilian plants and CEMIG thinking of acquiring in Latin America”
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