Brazil
Finance
Mexico-based bread maker Bimbo has said that it would look to pay back up to US$700mn in debt by the end of 2010 to put itself in a position to make acquisitions. The company told news...
2010-07-21Finance
It has been reported in the local Brazilian press that meat processor JBS is interested in acquiring US pork giant Smithfield Foods. The suggestion sent shares in Smithfield surging...
2010-07-07Finance
Brazil's largest grocery retailer Companhia Brasileira de Distribuição (CBD) has improved the terms of its takeover agreement with durable goods retailer Casas Bahia. To ensure that...
2010-07-07Finance
The generic drugmaker Eurofarma has further consolidated its presence in the Latin American market with the acquisition of Laborátorios Gautie - the seventh largest pharmaceutical...
2010-07-07Finance
Portuguese toll road operator, Brisa, has announced that it will sell its 16.35% stake in Brazilian toll road operator Companhia de Concessões Rodoviárias (CCR). Brisa is expecting...
2010-06-30Finance
Brazilian meat producer Marfrig is to acquire Keystone Foods for US$1.26bn. Keystone is the US' largest privately held meat firm and Marfrig said the deal will make it a leading supplier...
2010-06-23Finance
Brazil's senate approved a bill on June 10 that will allow state-run Petróleo Brasileiro (Petrobras) to acquire rights to 5bn barrels (bbl) of oil reserves from the government and...
2010-06-16Finance
Integration of Telmex Internacional's Embratel with América Móvil's Claro is set to begin within two months, according to the Brazilian press. In itself the news is unsurprising...
2010-06-02
