French retailer plans to sell its remaining shares in Brazilian firm after board reshuffle, source says
Category: Brazil
Posted inDaily Brief
Gol loses CFO
Brazilian airline’s CEO to stand in for finance chief after Eduardo Gotilla resigns less than a year into his tenure
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Votorantim units tap US bond market
Brazilian conglomerate’s banking division prices first international deal in almost five years, as mining division also places notes
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Vale sells majority stake in renewables arm for $1 bln
Brazil mining company agrees sale of 70% of Aliança Energia to US-based infra investor GIP
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BRB acquires investment bank
State-controlled Banco de Brasilia’s purchase of a majority stake in Banco Master sent the shares of the latter soaring
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Dasa appoints CEO of Brazil hospital JV
Brazilian healthcare group says its CEO will lead new hospital joint venture for the next 12 months before transitioning to new leadership
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Corporates teeing up global bond sales after March lull
Nexa Resources, Hunt Oil Perú and Sura Asset Managers intend to tap the US bond market to refinance debt
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Activist investor pushes for new Pão de Açúcar board
Nelson Tanure, who owns around 10% of the retail chain, tells LatinFinance he has discussed proposal with firm’s biggest shareholder, Casino
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Officials say IDB Invest capital increase on track despite US doubts
Government and bank officials downplay risk that the IDB Invest’s biggest shareholder, the US, will renege on a pledge to expand its lending capacity
Posted inDaily Brief
Banco do Brasil leans into ESG
Senior executive says bank is committed to its green financing policy, even if banks elsewhere are reviewing theirs