The debt-laden steelmaking conglomerate’s shares rally on the news that a former Vale CEO is taking the reins
Category: M&A
Posted inDaily Brief
Gilinski to take control of GeoPark
Colombian conglomerate negotiates the share purchase as part of its expansion into Venezuelan oil field
Posted inDaily Brief
Grupo Clarín buys GPyC
Argentine media firm acquires the company from Grupo ST in a bid to expand in business process outsourcing
Posted inDaily Brief
A-CAP to sell Vasco da Gama
US insurance firm agrees to sell 90% of the Brazilian soccer club to an undisclosed buyer
Posted inDaily Brief
Tootsie Roll buys Mexican candy business
US confectionery maker acquires The Klass Company’s candy business in Mexico
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Molinos sells oilseed processing plants
The Argentine food producer is focusing on food brands for growth, boosted by a recent string of acquisitions
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Fortaleza divests Salvadorian business
The Mexican cement maker sells its 65% stake in Cementos Fortaleza El Salvador to Dominican conglomerate Grupo Estrella
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Axtel gets second takeover offer
US fiber operator Flō Networks seeks to acquire up to 100% of the Mexican firm, days after Axtel’s co-founder made a rival bid
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Telecentro to acquire Iplan
Argentina’s third-biggest telco has reportedly inked the deal in a bid to expand its broadband and corporate services
Posted inDaily Brief
DHL buys Uruguay logistics firm
Uruguay is becoming a growing hub for regional and international trade