Brazil

The merger of Aracruz Celulose and Votarantim Celulose & Papel (VCP), two of Brazil's major pulp and paper companies, was approved by shareholders on September 15. The merged... 2008-09-24

Banco do Brasil (BdB), the largest federally-controlled lender in Brazil and the countries largest bank by assets, has agreed to buy Banco do Estada de Santa Catarina (BESC) and its... 2008-09-15

Phaunos Timber Fund, a closed end investment company incorporated in Guernsey which invests in timberland and timber related assets, announced on September 8 that it has acquired... 2008-09-10

On August 21 Cosan, Brazil's largest sugar and ethanol group said that it will, in conjunction with an as-yet-unnamed US investment group create Radar, a new company aimed at purchasing... 2008-09-02

Global inter-dealer broker (IDB) BGC Partners has expanded its global reach with the acquisition of Brazil's Liquidez. With offices in 16 countries, and only one of those in Latin... 2008-08-28

Not a week goes by without activity in Latin America's oil and gas sector, and this week is no exception, as São Paulo-listed fuels and petrochemicals group Ultrapar Participações... 2008-08-18

In another indication that the UK's Alliance Boots is looking to emerging markets to expand its pharmaceutical wholesale business, the company has purchased a 25% stake in Brazil's... 2008-08-07

South Africa's AngloGold Ashanti has entered into an agreement with Eldorado Gold to acquire 100% of its wholly owned subsidiary São Bento Mineração. AngloGold will pay US$70mn... 2008-08-07

More news from Brazil this week, as a US$5.5bn mining deal gets back on track after being temporarily derailed by some potential legal difficulties. Brazilian iron ore and pellet... 2008-07-31

The world's largest steelmaker, ArcelorMittal made the news again on July 25 when it announced that it has acquired a 70% stake in Brazilian steel processer and distributor Manchester... 2008-07-30