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