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India

Tatiana Bautzer

Brazil's Itausa delivers highest bid for Petrobras LPG unit: sources

23 Aug 2019

RIO DE JANEIRO/SAO PAULO A group led by investment firm Itausa Investimentos SA delivered the highest bid to acquire Brazil's state-controlled oil company Petroleo Brasileiro SA LPG distribution unit, two people with knowledge of the matter said.

Brazil's Banco Pan hires banks for share offering of up to $376 mln

13 Aug 2019

SAO PAULO, Aug 13 Brazilian lender Banco Pan SA has hired four investment banks to manage a share offering valued at as much as 1.5 billion reais ($376.43 million), two sources with knowledge of the matter said on Tuesday.

Venture capital fuels Latam 'unicorns' expansion beyond borders

09 Aug 2019

SAO PAULO Surging venture capital investment in Latin American startups has financed international expansion across the region and beyond, as business models that do not require large amounts of capital have helped many firms avoid silos common in the region.

Venture capital fuels Latam 'unicorns' expansion beyond borders

08 Aug 2019

SAO PAULO, Aug 8 Surging venture capital investment in Latin American startups has financed international expansion across the region and beyond, as business models that do not require large amounts of capital have helped many firms avoid silos common in the region.

Banco do Brasil prepares $2 billion share offering: sources

06 Aug 2019

SAO PAULO Brazilian state lender Banco do Brasil SA is readying a secondary share offering that may raise up to 7.9 billion reais ($2 billion), three people familiar with the matter said.

Exclusive: Education company Adtalem puts Brazil assets on the block

06 Aug 2019

SAO PAULO For-profit school chain Adtalem Global Education Inc has put its assets in Brazil up for sale, including flagship university Ibmec, four sources with knowledge of the matter said.

Exclusive - Petrobras LPG unit seen attracting Mubadala, SHV, Itausa bids: sources

06 Aug 2019

SAO PAULO Bidding groups led by Brazilian investment firm Itausa Investimentos SA , Abu Dhabi state investor Mubadala and SHV Energy of the Netherlands are expected to submit binding proposals to acquire state-controlled oil company Petroleo Brasileiro SA 's LPG unit, two sources with knowledge of the matter said on Monday.

Canada's Brookfield in talks to acquire 30% stake in Brazil sanitation firm: sources

02 Aug 2019

SAO PAULO Canada's Brookfield Asset Management is in talks to acquire a 30% stake in Brazilian sanitation company Brookfield Ambiental from the workers severance fund FGTS, two people with knowledge of the matter said.

Fintechs at the gate: online brokers target affluent Brazilians

29 Jul 2019

A new breed of digital brokers is taking on the handful of Brazilian lenders such as Itau Unibanco Holding SA and Banco Bradesco SA that long had a lock on retail investors seeking a one-stop shop for banking and investments.

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