Fausto Ribeiro replaces André Brandão, who stepped down after clashing with President Jair Bolsonaro over planned cutbacks
Category: South America
Posted inDaily Brief
Chubb moves to merge Banchile business
US insurance company plans to ask for shareholder approval on March 31
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AES sells stake in renewable assets to Itaú
US power company’s Brazilian subsidiary receives $154 mln for 19.9% of Guaimbê solar and wind holding company
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IDB reveals details on Barranquilla loan
US-based development bank charges 1.29% for the 25-year loan, but says the rate could change every three months
Posted inDaily Brief
BTG Pactual buys fintech Kinvo
Brazilian investment bank spends $13 mln for the online investment platform
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CDF files for IPO, Blau moves closer to pricing
Brazilian tech support company joins the rush to the B3, while drug maker sets a target range for its offering
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IMPSA to issue new shares
Argentine power plant builder lines up the sale of $20 mln in stock as part of its restructuring plans
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Ubook registers for IPO
Brazilian audiobook company plans to raise capital for acquisitions as software developer LG sets the target range for its own IPO
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Cosan puts priority on Raízen IPO
Brazilian sugar and ethanol company expects to list shares in the biofuels JV with Shell “within the next few months,” CFO says
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Argentina looks to reach IMF deal in May
Economy minister seeks a “reasonable” agreement but warns it could take longer