São Paulo state water utility plans to raise at least $222 mln, but it could increase the size of the sale by 20%
Category: Brazil
Posted inDaily Brief
Eletrobras picks banks for share sale
Brazil’s state-owned power company names five bookrunners for an equity offering that will dilute the government’s stake to 45%
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CCR retakes Via Dutra in auction
Brazilian infrastructure company bids $314 mln to win another 30-year contract for the concession it has held since 1996
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Equatorial bets on wind power with Echoenergia acquisition
Brazilian energy company agrees to pay $1.2 bln to buy the renewables firm from Britain’s Actis
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BTG Pactual lays out reforestation investments
Brazilian bank’s timberland investment manager could spend $1 bln in five years to restore reforested lands and plant new tree farms
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Embaré hatches deal to buy rival Betânia
US investment firm Arlon takes a 26% stake in the Belo Horizonte-based dairy company as part of the transaction
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Alliar again rejects takeover offer from MAM
Controlling shareholders “unanimously” refuse a revised bid from activist investor Nelson Tanure and continue to block any sale of the Brazilian medical services company
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Viveo draws up new notes to pay off short-term debt
Brazilian medical supplies company aims to raise $94 mln in the sale of seven-year debentures in the local market
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Brazil’s economic outlook blurred by rising rates
A higher Selic will increase debt costs and impact economic activity, investors and analysts say
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Nubank files for IPO in US market
Brazilian digital lender also plans to issue BDRs in a deal that could value the fintech as high as $60 bln