SAO PAULO/MILAN TIM Participacoes, Telefonica Brasil and America Movil SAB de CV presented a joint offer for the mobile unit of bankrupt Brazilian carrier Oi Group, according to filings by the companies on Saturday.
SAO PAULO A month-old Brazilian company's machines that use bacteria to break down organic waste has found users among domestic upscale supermarket Natural da Terra, units of Reckitt Benckiser and Siemens AG , and logistics firm Luft, its chief executive said on Thursday.
Abu Dhabi's investment fund Mubadala Investment Co will enter into exclusive talks with Petrobras to purchase Brazil's second-largest refinery, the Brazilian state-owned oil company said in a securities filing on Thursday.
July 9 Abu Dhabi's investment fund Mubadala
Investment Co is on an inside track to acquire
Brazil's second largest refinery, known as Rlam, after beating
back competition from India's Essar Group, three people close to
the negotiations said.
SAO PAULO, July 6 Brazilian capital markets
stormed back in the second quarter, powered by domestic
investors seeking alternatives to meager fixed-income returns
even as the COVID-19 pandemic wreaked havoc on the economy.
SAO PAULO, July 5 Brazilian retailer Lojas
Americanas SA has hired banks for a share offering to
raise 5 billion reais to 7 billion reais ($941 million to $1.32
billion), one source with direct knowledge of the matter said.
SAO PAULO/RIO DE JANEIRO Indian conglomerate Essar Group made a binding offer to Brazil's Petroleo Brasileiro SA to buy the country's second largest oil refinery, two people with knowledge of the matter said on Tuesday.
SAO PAULO IRB Brasil Resseguros has restated its 2019 financial statements to correct accounting irregularities, reducing its net income for the year by 31% to 1.2 billion reais ($220 million), the Brazilian reinsurer said on Tuesday.
SAO PAULO Brazilian drugstore chain Empreendimentos Pague Menos SA has filed for an initial public offering on the Sao Paulo-based stock exchange, according to a securities filing on Thursday.