Category: Brazil

Praxair, the leading industrial gas supplier, successfully took its listed Brazilian subsidiary, White Martins, private in May in a tender offer to shareholders that raised the US group’s stake in […]

Brazil’s GP Investimentos, Chase Capital Partners and Morgan Stanley Dean Witter Private Equity are among the backers of a $31 million financing round for Viajo.com, a Spanish- and Portuguese-language travel […]

Brazil reopened its February sale of 30-year bonds in March, selling $600 million above the original $1 billion auction. The sovereign will use the proceeds to retire expensive Brady bonds. […]

After a bitter battle by a rival brewery, antitrust regulators in Brazil have cleared the way for the takeover by Cia. Cervejaria Brahma of its biggest competitor, Cia. Antartica Paulista. […]

BCP, the upstart Brazilian cellular provider owned by BellSouth and Safra, has closed a $1.77 billion deal to refinance existing debt that expired in March. ABN AMRO, Bank of America, […]

In a likely prelude to its attempt to gain majority control of Brazil’s Light Servicos de Eletricidade, Electricite de France has spent $290 million to raise its stake in the […]

Brazil’s biggest cable television company, Globo Cabo, has named Leonardo Pereira chief financial officer as it transforms into a full-service telecommunications company. Pereira previously was director of planning and investor […]

Like Brazil, Mexico continued to retire Brady debt in March. The sovereign twice swapped $1 billion of new bonds for Bradys in March, reducing its foreign debt and freeing up […]

Banks must provide tailored, personalized services to their customers. What’s more, the Brazilian capital markets need to become more sophisticated or private banking clients will move their business overseas.