Google-backed payment fintech aims to expand from its existing base in Brazil, Chile and Mexico
Category: Equity
Posted inDaily Brief
Banorte takes control of RappiCard in Mexico
Mexican bank buys Rappi’s equity stake in the company behind virtual card business
Posted inDaily Brief
Península exits Carrefour Brasil
Brazilian family office sells its remaining stake after saying in February that it supported Carrefour’s buyout strategy
Posted inDaily Brief
Slim ups stake in US biotech firm
Mexican investment firm owned by billionaire Carlos Slim acquires more of clinical-stage biotech company ProKidney
Posted inDaily Brief
Argentine markets rally as capital controls lifted
Bonds jump and peso falls by less than expected, as IMF financing boosts central bank reserves — and investor optimism
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Azul tees up follow-on
Brazilian airline may use part of the proceeds so repay debt maturing in 2029
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Grupo Romero divests fishing, sugar-cane arms
Peruvian conglomerate offloads Pesquera Centinela and Agrícola del Chira as it restructures its business portfolio
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Minerva to increase capital
Brazilian meatpacker will use proceeds to curb debt, analysts say
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Vemo seeks fresh capital
Mexican electric vehicle leasing firm considers debt funding, CFO says
Posted inDaily Brief
Herdez to spin-off frozen yogurt business
Mexican food company also proposes listing Nutrisa’s shares on the BMV as part of corporate restructure