Central bank’s monetary policy committee drops the Selic to 2% to dull the sharpest downturn since the Great Depression
Author Archives: Joe Rowley
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Paraná Banco restarts stock market return
Brazilian mid-sized lender reschedules its share offering as Pernambucanas hires banks for an IPO
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Mubadala may put $600 mln into Atvos
Abu Dhabi-based sovereign wealth fund could take up to a year to strike a deal for the Brazilian ethanol and sugar producer, source says
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BNDES offloads shares in Vale
Brazil’s national development bank earns $1.5 bln from the sale of most of its stake in the mining company
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You Inc calls off IPO again
Brazilian homebuilder receives more than $90 mln in reservation requests, but cites market conditions for its decision
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Compass files for IPO in Brazil
Cosan’s natural gas business plans a share sale to raise funds for acquisitions and investments
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Odebrecht presses ahead with debt exchange
Brazilian conglomerate could also sell its stake in chemical company Braskem within two years, source says
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Omega earmarks funds to buy wind farms from Eletrobras
Brazilian renewable energy company plans a $96 mln share sale to fund a deal with the state-owned power company
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Vasta shares hold value on first day
Shares close slightly lower after the Brazilian private education company prices the IPO of its K-12 division above the target range
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INTERVIEW: Minerva lines up first VC investment
Brazilian meatpacker plans to spend $30 mln for stakes in startups in agtech, food retail and alternative proteins, CFO says