No one knows when Brazil’s central bank will start cutting rates or for how long, as the October presidential election looms
Category: Brazil
Posted inDaily Brief
Log-In, Leroy Merlin appoint new CEOs
MSC subsidiary promotes its VP, while French DIY retailer hires a Brazilian exec to lead its local operation for the first time
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Novonor in talks to sell Braskem stake to IG4
Brazilian conglomerate confirms talks with private equity fund following a report it could cut its stake in the petchem firm to just 4%
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Klabin appoints CFO, Irani names CEO
Gabriela Woge is to oversee the finances of the Brazilian paper exporter, while another industry player also refreshes its leadership
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Caixa to beat path to global bond market
The Brazilian bank plans to become more active in the cross-border bond market as its loan portfolio grows, CEO says
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Financing keeps flowing in Brazil’s water sector
Brazilian development bank approves a financing package for an Aegea subsidiary plus a loan for sugar producer Jalles Machado
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Global Eggs keeps expanding abroad
Company owned by Brazilian entrepreneur Ricardo Faria makes its third acquisition in Spain this year, just weeks after buying US firm
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BNP says infra may spark Brazil IPO revival
Subsidiary of French bank says the infrastructure sector could fuel a recovery in share listings next year
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Renova recruits new CFO
Brazilian renewables company hires João Rodrigues to oversee its finances in its post-restructuring era
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BNDES leads airport financing for Aena
Spanish company will draw on Brazilian development bank funds to modernize São Paulo’s domestic airport and 10 others