RIO DE JANEIRO/SAO PAULO A consortium of Brazil's 3R Petroleum and Norway-linked DBO Energy is in bilateral talks with Brazil's Petrobras to purchase a cluster of offshore natural gas fields, according to two sources with direct knowledge of the matter.
SAO PAULO, Oct 6 An attempt by one of Brazil's
largest retailers to target racial disparities in its management
ranks sparked a backlash by the country's federal public
defender's office, which accused Magazine Luiza SA of
SAO PAULO An attempt by one of Brazil's largest retailers to target racial disparities in its management ranks sparked a backlash by the country's federal public defender's office, which accused Magazine Luiza SA of discrimination.
SAO PAULO Private equity firms Warburg Pincus [WP.UL] and Gavea Investimentos are planning an initial public offering by Grupo GPS, a Brazilian facilities services provider in which they are key stakeholders, two sources familiar with the matter said.
SAO PAULO What was shaping up as Brazil's best year for initial public offerings in more than a decade is now on the rocks, as many companies shelve their plans amid concerns on the country's fiscal discipline and a surfeit of new equity supply.
SAO PAULO An investment banking joint venture between UBS Group AG and state-controlled lender Banco do Brasil is ready to start operations, the Brazilian bank said in a statement on Wednesday.
SAO PAULO U.S. private equity firm Advent International has raised a $2 billion fund to invest in Latin American companies, it said on Tuesday, its seventh focused on the region, hoping to target assets made cheaper by depreciation in local currencies.
SAO PAULO, Sept 23 Brazilian rent-a-car company
Localiza has agreed to take over rival Unidas
for roughly 12 billion reais ($2.18 billion), the
companies said on Wednesday, creating a major player that could
account for more than 10% of all cars sold in Brazil.
SAO PAULO The days of marquee global investment banks being shoo-ins for stock market listings could be coming to an end, in Brazil at least.