Government looks to international lenders for funds to connect more wind and solar plants to electrical grid
Category: Middle East
Posted inDaily Brief
Mubadala snaps up Brazilian gym
Sovereign wealth fund acquires a majority stake in Bluefit
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Petrobras mulls biofuels JV with Mubadala
Brazilian oil and gas company signs MoU with sovereign wealth fund
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Taurus mulls joint venture in Saudi Arabia
Brazilian gun manufacturer is in talks with Scopa to make and sell arms in the Persian Gulf region
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Vale to weigh IPO, merger for base metals unit
Brazilian mining company could look at options in two to three years after agreeing to sell 13% of VBM for $3.4 bln, CEO says
Posted inDaily Brief
Vale confirms talks for base metals unit
Saudi investors are reported to have offered $2.5 bln for a 10% stake, but the Brazilian miner says negotiations are still underway
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BRF, MRV fill orders in share sales
Brazilian food company and local homebuilder both exercise over-allotment options to meet demand
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BRF lands investments from SALIC, Marfrig
Brazilian food company could earn $887 mln in a deal with Saudi Arabia’s agricultural and livestock investment firm and its largest shareholder
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Novonor receives new offer for Braskem
Abu Dhabi’s ADNOC and US private equity firm Apollo reportedly ask Novonor’s creditors about buying the Brazilian petchem company
Posted inDaily Brief
Argentina picks up financing from Saudis
Saudi Fund to put $500 mln into infrastructure projects, including major gas pipeline