Brazilian clothing retailer suspends follow-on offering citing geopolitical instability and market conditions
Category: Brazil
Posted inDaily Brief
Santander poaches CEO of Brazil bourse
Gilson Finkelsztain is leaving São Paulo’s B3 exchange to take up the same post at the Spanish bank’s Brazilian subsidiary
Posted inDaily Brief
CSN in talks for bridge loan to reprofile debt
Debt-laden Brazilian steel firm says it is finalizing a deal with a pool of banks to help it meet its financial obligations
Posted inDaily Brief
Ferrero acquires Brazil’s Bold Snacks
Deal represents the Italian firm’s first move into the market for healthier snacks in South America
Posted inDaily Brief
Brazil tempers rate cut as Iran war urges caution
Central bank cuts its key rate from a two-decade high, but says it is taking a “cautious approach” due to the Middle East conflict
Posted inDaily Brief
Porto to assume part of Oncoclínicas debt
Brazilian health insurer aims to create a new firm jointly with the financially troubled cancer clinic network
Posted inDaily Brief
General Mills sells Brazil ops
Brazilian coffee firm 3corações seeks to diversify its business with the acquisition of the US food company’s local operations
Posted inDaily Brief
Petrobras scuppers Brava’s Campos acquisition
Brazilian firm exercises preemptive right to buy stakes in two oil fields that its partner Petronas planned to sell to Brava
Posted inDaily Brief
XP advances on Iguatemi malls
Brazilian real estate fund acquires minority stakes in four upmarket shopping centers in São Paulo state and one in Porto Alegre
Posted inThe LatAm View
Energy shock undercuts case for rate cuts in LatAm
Iran war-driven oil price surge could delay easing cycles across the region