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United Kingdom

Tatiana Bautzer

SoftBank more cautious after WeWork - Softbank Latam partner

13 Dec 2019

SAO PAULO SoftBank Group Corp has been more cautious on assessing its investments after myriad governance problems and large losses forced WeWork to shelve IPO plans, Latin America Softbank managing partner Andre Maciel, said on Friday.

Brazil's XP valued at $14.9 billion as it prices Nasdaq listing: sources

11 Dec 2019

SAO PAULO Brazilian financial services platform XP Inc has priced its Nasdaq listing at $27 per class A share, the largest IPO of a Brazilian company this year, and raised $2.25 billion, sources with knowledge of the matter said on Tuesday.

Exclusive: Brazil's Odebrecht in talks to stave off Braskem sale, keep payout - sources

02 Dec 2019

SAO PAULO Creditors of Brazil's Odebrecht SA are in advanced talks to let the corruption-ensnared conglomerate keep its crown jewel asset, listed petrochemical company Braskem SA , for another two years, retreating from their prior demand for a quick sale, two sources with knowledge of the matter said.

Exclusive: Brazil, China, UAE firms in second round of bids for Petrobras refineries - sources

29 Nov 2019

SAO PAULO Brazil's state-controlled oil company Petroleo Brasileiro SA has selected four groups for the second round of bidding for four refineries up for sale, including China's Sinopec, Abu Dhabi's state investor and two Brazilian firms, according to four people with knowledge of the matter.

Brazil's IG4 Capital to buy controlling stake in Peru's Grana y Montero

27 Nov 2019

SAO PAULO Brazilian private equity firm IG4 Capital has agreed to acquire a controlling stake in Peruvian construction conglomerate Grana y Montero SAA , according to a company statement and securities filing on Wednesday.

Foreigners sit out Brazilian share sales as growth lags, politics lurk

26 Nov 2019

SAO PAULO This year has already been the biggest in a decade for share offerings from Brazilian companies, but there has been little sign of the foreign investor appetite that fuelled prior rallies, as weak growth and divisive politics keep many on the sidelines.

How SoftBank is putting its stamp on LatAm's venture capital scene

14 Nov 2019

SAO PAULO SoftBank , whose $5 billion (£3.91 billion) Latin America fund has showered regional startups with cash, is also courting local venture capital funds, an unusual move for the Japanese investor that has jolted the region's tech scene.

Brazil's BNDES hiring banks to sell at least $1.2 billion in JBS shares: sources

12 Nov 2019

SAO PAULO Brazilian development bank BNDES has asked banks for proposals to sell a stake worth 5 billion reais ($1.2 billion) in meatpacker JBS SA , sources with knowledge of the matter said.

Brazil's Samarco expected to resume $4 billion debt restructuring talks: sources

05 Nov 2019

SAO PAULO A Brazilian mining joint venture between Vale SA and BHP Group Plc , paralyzed after a fatal dam collapse, is soon expected to resume talks to restructure $4 billion in defaulted debt in coming weeks, two sources with knowledge of the matter said.

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