Jun 8, 2013 | Brazil, Latin America, News
Financial Times June 07 2013 Blackstone Group and its Brazilian partner are set to sign a $1bn deal with homebuilder Gafisa for a controlling stake in its high-end residential subsidiary, according to people familiar with the matter. The US private equity group, which...
Jun 5, 2013 | Brazil, Latin America, News
Financial Times May 15 2013 Citigroup has sold its Brazilian consumer finance units to local bank Itaú-Unibanco for R$2.77bn, as the US lender looks to withdraw from part of the country’s fiercely competitive retail banking market. Itaú, which ranks as Brazil’s...
Jun 3, 2013 | Brazil, Latin America, News
New York Times DealBook June 01 2013 SÃO PAULO, Brazil — Brazil’s largest cement producer, Votorantim Cimentos, is planning to raise as much as $4.8 billion in what would be one of the largest initial public offerings worldwide this year. The move is a positive sign...
Jun 3, 2013 | Brazil, China, East Asia, Latin America, News
Financial Times May 28 2013 When Morgana Miolo started doing business in China two years ago, the Brazilian was struck by the cultural differences of operating in the world’s second-largest economy. “The Chinese close a deal with the most important person at the table...
May 31, 2013 | Brazil, Latin America, News
Bloomberg 30 May 2013 Gafisa SA (GFSA3), the Brazilian homebuilder, rallied the most in two weeks as the newspaper Valor Economico reported that it may sell its Alphaville unit in early June. The shares jumped 3 percent to 4.10 reais at 3:19 p.m. in Sao Paulo after...
May 30, 2013 | Brazil, Latin America, News
Brazil Daily 29 May 2013 David Neeleman, the founder of US carrier JetBlue, has filed plans to take his Brazilian airline public in a deal that is set to raise about R$1bn (US$487m) and help bolster his position in one of the industry’s fastest-growing markets. Azul,...
