The row over JC Penney’s aggressive takeover bid for Lojas Renner has helped spawn new rules to protect minority shareholder rights in Brazil, reports Jennifer L. Rich.
Category: Brazil
Has the Gas Bubble Burst?
After 60 years of planning, the Bolivia-Brazil pipeline is finally completed. But the fanfare may soon fade as Brazil’s shrinking economy dampens demand and enthusiasm for the mega project.
The Ghost of Inflation Past?
After almost five years of declinging prices, Brazilians are once again bracing themselves for inflation, writes Jennifer L. Rich.
Fly, Fly Away
Brazilian aircraft manufacturer Embraer has soared since its privatization in 1994. But an end to cheap government financing may dent its success.
Marka Loses Bet on Real Plan
Brazilian investment bank Banco Marka appears to be one of the first victims of the devaluation of the real, closing its doors in February after racking up a reported 400 […]
DONE DEALS
PrivatizationThe otherwise uneventful sale in November of São Paulo railway Fepasa was tinged with tension when the eventual winner, a group made up of Brazilian steel giant Vale do Rio […]
Renewed Relationships
The US Ex-Im bank is once again supporting Brazil’s public sector. But will market insecurities stifle demand for the new financing program?
Re-regarding Reinsurance
Some of the world’s largest reinsurers are waiting in the wings as Brazil slowly prepares for the privatization of its reinsurance market.
Corporate Crisis?
Christmas dinner is going to bring joy to Brazil’s Perdigao this year. Despite the recession that is expected to hit the country in full force in the coming months, the […]
Local Opportunities
With the international markets closed to Brazilian companies, well-known firms are turning to the internal markets to either roll over external positions or fatten their coffers in preparation for tough […]
