Natural resources firm snaps up 78% of the Brazilian fuel distribution business
Category: M&A
Posted inDaily Brief
Petrobras sells assets in Paraguay
Brazil’s state-owned energy company offloads its gas stations for $384m
Posted inDaily Brief
Enel takes stake in LatAm fiber optic network
Italian energy company spends $175m for 21% of Ufinet with option to buy the whole company for up to another $2.5bn by 2022
Posted inWeb Articles
Enel keeps up M&A push
The Italian power company adds a stake in the fiber optic network operator Ufinet to a growing list of assets in Latin America
Posted inDaily Brief
BB Seguridade sells P&C unit to Mapfre
Banco do Brasil’s insurance business will earn $636m from the deal and free up $477m in capital
Posted inDaily Brief
State Grid sweetens CPFL offer
Chinese electric company ups the ante by $100m to buy out minority shareholders in CPFL Renováveis
Posted inDaily Brief
Petrobras starts next stage of Bauna sale
Brazilian energy company begins non-binding phase to sell its E&P rights for the 34,000 bbls/day offshore block
Posted inDaily Brief
Duratex, Lenzing unveil Brazil JV
Pair team up for a $1bn investment towards a dissolving wood pulp mill in Minas Gerais
Posted inDaily Brief
Sumitomo snares bigger stake in Yanacocha
Japanese conglomerate pays the IFC $48m for a chunk of the Peruvian gold mine
Posted inDaily Brief
Petrobras advances deep water block sales
State-owned energy company starts non-binding phase over its 50% stakes in Tartaruga and Espadarte