Investors stand to lose money if they “speculate” with Brazilian assets, Aloizio Mercadante tells LatinFinance, following a slump in the equity and FX markets
Category: Equity
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Televisa eyes AT&T Mexico
The enterprise value of AT&T’s Mexican cellphone business could reportedly be as high as $7 billion based on transaction multiples
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YPF Luz keeps tabs on IPO market
Argentine power firm will also tap the local bond market for refinancing and may sell global notes to fund big projects
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CFE, Esentia head back to equity markets
State-owned Mexican power utility and local gas pipeline operator firm up their fundraising plans in Mexico and the US
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JBS plans $5 bln Indonesia expansion
Brazilian meat giant sells 25% of its subsidiaries in Australia and New Zealand to Indonesia’s sovereign wealth fund
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Ticketplus lists on NYSE
Chilean live entertainment ticket sells shares at the lower end of its target range, as it prepares to expand to new markets
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Fibra Inn buys Hyatt hotel in Los Cabos
Mexican REIT will issue shares to finance the purchase of a 500-suite resort on the Baja California Sur peninsula
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Ecopetrol takes control of Brava
Colombia’s state-run oil firm picks up an additional 25% stake in the Brazilian oil producer following a tender offer
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Farmmi to buy Brazilian crop exporter
China-based agribusiness is seeking to expand in South America with the proposed acquisition of Four Seasons Holding
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Santander bids for rest of Brazil unit
Spanish bank readies an offer to swap newly issued shares for those of its Brazilian subsidiary, sparking a rally on the B3