Tag: Brazil
Brazilian Mega-Mergers On The Rise
Brazilian mega-mergers are on the rise, with deals nearly quadrupling to US$34 billion since last year, Bloomberg News reported on Monday, June 14.
Meanwhile, stock issuance by...
Brazilian Regulator OKs Petrobras Refinery Sale To Mubadala
Brazilian antitrust body CADE approved the sale of refinery RLAM to the UAE's investor Mubadala Investment Company, according to a notice in the official...
Brazil Beef Producer Marfrig Wants Antitrust Nod For BRF
Brazilian beef producer Marfrig Global Foods has formally asked Brazilian antitrust watchdog CADE to approve its purchase of almost a quarter of BRF’s outstanding...
Brazilian Beef Producer Marfrig Sought Deal With Minerva Before Buying BRF...
Brazilian beef producer Marfrig Global Foods tried to acquire control of rival Minerva before it announced late on Friday it had bought a stake...
Brazil Wants $43B From Energy Tenders
Brazil’s electric power and oil and gas tenders scheduled for 2021 are expected to generate around 225 billion reais (US$43 billion) in investments, according...
Brazilian Watchdog Calls For Postponement Of WhatsApp Changes
Brazilian authorities have asked WhatsApp to postpone the introduction of its new privacy policy this week amid concerns over data protection and consumer rights,...
Brazil Allows WhatsApp P2P Payments Again
Facebook’s WhatsApp payments are available in Brazil as of Tuesday, May 4, WABetaInfo reported. The announcement came about a year after a nearly identical...
Brazil’s Watchdog Postpones Deadlines For Petrobras Asset Sale
Brazil's antitrust authority CADE said Wednesday it had postponed deadlines for divestitures by state-controlled oil company Petroleo Brasileiro SA, including its refineries, natural gas...
Brazil Central Bank Approves WhatsApp Pay
Brazil's central bank has approved WhatsApp Pay, which uses Visa and Mastercard accounts.
The approval is part of a plan to increase competition in the...
Brazil’s Movida Objects To Rival Taking Over Unidas
Brazil car rental provider Movida on Monday, March 8, objected to rival Localiza’s proposed takeover of Unidas, sending Localiza’s shares down by 8% in...
