Saudi investors are reported to have offered $2.5 bln for a 10% stake, but the Brazilian miner says negotiations are still underway
Category: Middle East
Posted inDaily Brief
BRF, MRV fill orders in share sales
Brazilian food company and local homebuilder both exercise over-allotment options to meet demand
Posted inDaily Brief
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
Posted inDaily Brief
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
Posted inDaily Brief
Argentina drums up international financing
World Bank commits $1 bln, while Saudi development fund agrees to invest $500 mln
Posted inDaily Brief
Cemex acquires Israel’s Shtang
Mexican cement producer buys 51% of the recycling company to include in its recently launched waste management division Regenera
Posted inDaily Brief
Colombia opens probe into Nutresa bid
Attorney general’s office is investigating alleged irregularities in connection to IHC’s offer
Posted inDaily Brief
IHC falls short in Nutresa offer
Abu Dhabi-based conglomerate secures just 7.7% of shares in an attempt to buy at least 25% of the Colombian food company
Posted inDaily Brief
Gilinski offers up Nutresa stake
Colombian group will reportedly sell part of its shareholding to Abu Dhabi-based IHC