Edition:
United Kingdom

Tatiana Bautzer

Banco Safra creates proprietary alternative investments division

21 Feb 2020

SAO PAULO, Feb 21 Brazil's fourth-biggest private-sector lender Banco Safra SA has created a new division to manage alternative proprietary investments, the bank confirmed on Friday.

RPT-How Brazil's JBS became collateral damage in war between billionaires

11 Feb 2020

* Jackson Widjaja's firm accused of lobby effort to halt JBS subsidies, prevent IPO

How Brazil's JBS became collateral damage in war between billionaires

11 Feb 2020

SAO PAULO A business dispute between the disgraced billionaire Batista brothers in Brazil and the heir to an Indonesian pulp and paper fortune is throwing a wrench in meatpacker JBS SA’s plans to list its international operations in the United States.

Brazilian sports goods retailer Centauro shares up 12% after $212 million Nike deal

06 Feb 2020

SAO PAULO Shares in Brazil's sports goods chain Centauro rose more than 10% in mid-morning trading in Sao Paulo after the announcement of a $212 million deal to take over Nike operations in the country.

UPDATE 2-Brazilian homebuilder Mitre, shareholders raise $282.5 mln in IPO

03 Feb 2020

SAO PAULO, Feb 3 Brazilian homebuilder Mitre Realty Empreendimentos and its shareholders have raised 1.2 billion reais ($282.5 million) in an initial public offering, the company said on Monday.

Exclusive: Brazil lender Banco Daycoval plans to raise close to $1 billion in IPO - sources

30 Jan 2020

SAO PAULO Brazilian lender Banco Daycoval SA is planning to launch an initial public offering in April, in a move that would re-list its shares on the Sao Paulo stock exchange three years after taking the company private, three sources with knowledge of the matter said.

China's coronavirus could boost Brazil meat exports, CEOs say

30 Jan 2020

SAO PAULO Brazil's largest meatpackers JBS SA and BRF SA said on Wednesday that the coronavirus outbreak could help boost Chinese demand for their products, as it fans concerns about domestic food safety in China.

UPDATE 2-China's coronavirus could boost Brazil meat exports, CEOs say

30 Jan 2020

SAO PAULO, Jan 29 Brazil's largest meatpackers JBS SA and BRF SA said on Wednesday that the coronavirus outbreak could help boost Chinese demand for their products, as it fans concerns about domestic food safety in China.

Exclusive: U.S. firm GIP, Shell-Cosan venture plan to bid on Brazil refineries- sources

16 Jan 2020

SAO PAULO U.S.-based financial firm Global Infrastructure Partners (GIP) is planning a joint bid with Brazil's fuel distribution company Raízen for refineries put on the block by Petroleo Brasileiro SA , two sources with knowledge of the matter said.

Brazil 2019 equity offering surge could be just the start, bankers say

16 Jan 2020

SAO PAULO Brazilian stock offerings may more than double in value this year from a bumper 2019, with the country's lowest interest rates on record seen fueling optimism and leading more companies to test the markets, bankers say.

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