SAO PAULO Brazilian for-profit education company Yduqs, formerly known as Estacio Participações , is in exclusive talks to acquire assets owned by Adtalem Global Education Inc , two sources with knowledge of the matter said on Tuesday.
SAO PAULO Brazilian conglomerate Odebrecht SA's advisors plan to propose a delay in the bankruptcy plan vote by creditors, two people with knowledge of the matter said.
SAO PAULO The CFO of Brazilian renewable energy firm Renova Energia SA resigned and a key shareholder gave up its stake after failed talks to sell heavily indebted wind farm projects.
SAO PAULO Brazilian companies are raising funds through share offerings at a decade-high pace, bolstered by record low interest rates, progress on macroeconomic reforms and signs of recovery after a long recession, even as M&A activity slumps.
SAO PAULO, Oct 3 Brazilian state bank Caixa
Economica Federal has filed a legal motion requesting the
liquidation of engineering conglomerate Odebrecht SA, according
to court documents seen by Reuters, in what could be a dramatic
end to the graft-plagued company.
SAO PAULO, Oct 3 Brazilian prosecutors said on
Thursday they were investigating Banco BTG Pactual SA
and former central bank and finance ministry
officials over the alleged illegal leaking of interest rate
decisions between 2010 and 2012.
SAO PAULO, Sept 25 Three months after becoming
the largest shareholder and chairman of Brazilian electronics
and appliance retailer Via Varejo SA, retail veteran
Michael Klein and his family are now considering the sale of the
domain Extra.com to former controller GPA SA.
SAO PAULO Japan's SoftBank Group Corp is in talks with venture capital firms in Latin America to invest hundreds of millions of dollars in their funds, a move likely to speed up spending of a $5 billion regional venture capital fund, three sources with knowledge of the matter said.
SAO PAULO Brazilian state-controlled lender Banco do Brasil SA and UBS Group AG are in advanced talks about an investment banking joint venture that could be signed as soon as next month, two sources with knowledge of the matter said.