Edition:
United Kingdom

Tatiana Bautzer

Brazil's Yduqs in exclusive talks to acquire Adtalem business in the country: sources

15 Oct 2019

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.

Brazil's Odebrecht to propose delay in bankruptcy plan vote: sources

14 Oct 2019

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.

Renova Energia CFO out after Light divestiture, failure to sell Brazil wind farms

14 Oct 2019

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.

Brazilian share offerings surge to decade high as M&A languishes

11 Oct 2019

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.

UPDATE 2-Brazil's Caixa requests liquidation of conglomerate Odebrecht- court document

03 Oct 2019

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.

UPDATE 4-Alleged Brazil rate-decision leaks spur probe of Banco BTG Pactual

03 Oct 2019

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.

Brazil's Via Varejo mulls selling Extra.com domain back to GPA -chairman

25 Sep 2019

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.

SoftBank in talks to invest in Latam venture capital funds: sources

10 Sep 2019

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.

Exclusive: Banco do Brasil, UBS in advanced talks for investment banking joint venture - sources

06 Sep 2019

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.

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