Privatization is a controversial subject in Brazil. It has been so for a while. After the Petrobras scandals, the interest of the public role in the economy remains active. Vale is an historical case. Privatized in 1997, the company has evolved into the 2nd largest mining group. In this perspective, I presented a paper in the QuintoContinue reading “State reform and the privatization of a Brazilian champion: the case of Vale”
Tag Archives: Vale
Brazilian biggest companies in the Forbes list
Forbes list of the world’s biggest companies uses an equal weighting of sales, profits, assets and market value to rank companies according to size. 33 Brazilian companies are in the ranking. Energy makes number one among them with Petrobras (oil, gas and ethanol). Another interesting highlight is the leading presence of banks: Itau (and Itausa, itsContinue reading “Brazilian biggest companies in the Forbes list”
Brazilglobal Member Is Now Writing For Forbes
Dear readers, I am back! After deserved and deeply enjoyed summer break from brazilglobal.net this fellow blogger is back with news: I am now writing for Forbes. Check it out at: blogs.forbes/com/ricardogeromel This year has been very intense and here I share a personal summary of what I have been up to. In the beginning of theContinue reading “Brazilglobal Member Is Now Writing For Forbes”
Deutsche Bank on Brazilian M&A activity
Deutsche Bank bankers recently gave a briefing on the Brazilian cross-border M&A market to the Financial Women’s Association of New York. Joel Roberto’s analysis pin points key facts both in the stock market and M&A deals activity. Patti Domm’s article about it is very concise and interesting. I skim my highlights below. Liquidity and haveContinue reading “Deutsche Bank on Brazilian M&A activity”
How would you like Dilma, Mategna and PT to run Vale?
Rumors that Brazilian federal government aims to replace Roger Agnelli, Vale’s CEO, have been surrounding the market for a long time. Yesterday, minister Guido Mantega, representing the Federal government as one large shareholder, officially requested Bradesco, another large shareholder, the substitution of Roger Agnelli as Vale CEO, according to Estado broadcast agency. Supposedly, the governmentContinue reading “How would you like Dilma, Mategna and PT to run Vale?”