With a faint whiff of a US-Cuba rapprochement and renewed interest in exotic defaulted debt, investors looking for cheap bets are bidding up prices. However, the rally could be short-lived.
Category: Corporate & Sovereign Strategy
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Petrobras’s Makeover Man
Philippe Reichstul has jettisoned old-fashioned management ways and begun building the Brazilian oil company into a modern corporation. His success makes him LatinFinance’s CEO of the year.
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Brazilian Tech Bets
Internet deals are dominating merger and acquisition activity in South America’s biggest market. But value remains for investors in slow-growth, capital intensive businesses that need restructuring.
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Coverlink Arrives in Latin America
Ana Patricia Botín, president of Coverlink and daughter of BSCH CEO Emilio Botín, is expanding her Internet service company to Latin America, beginning with Mexico where Coverlink has acquired software […]
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Austral Defaults on Eurobond
Austral Group, Peru’s biggest fishmeal exporter, defaulted in May on a $50 million eurobond. The company has struggled ever since the El Niño weather phenomenon wiped out anchovy stocks and […]
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Andina’s CEO Shift
Jaime Garcia has taken over as CEO at Chilean Coke bottler Embotelladora Andina, replacing Erwin Hahn, who ran the company for four years. This is Garcia’s second tour of duty […]
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Codelco’s New CEO Calls for Change
Juan Villarzú, the new head of Codelco, Chile’s state-owned copper mining giant, said the company’s future depends on a successful restructuring. Codelco, which produces 15% of the world’s copper and […]
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Holding on to the Start-Ups
Brazil’s CVM securities commission has eased listing regulations to encourage local and foreign companies Internet companies to list on the São Paulo stock market and stanch the loss of trading […]
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Duke’s Energetic Wager
LatinFinance talks with Bruce Williamson, president and CEO of Duke Energy International, the US-based oil and gas company, about why it sunk $1.2 billion into Latin America in within a quick five months last year.
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Easing Seizing Rules
Mexico undertakes an overhaul of bankruptcy and loan guarantee laws to reactivate lending.