The proposal increases to R$47 per share from R$40 10/13/2022 The negotiation to sell petrochemical Braskem got hectic again — still before the outcome of Brazil’s presidential elections, which were being pointed out as a milestone in Novonor’s (formerly Odebrecht) calendar. Valor found out that U.S.-based asset manager Apollo Global presented last week a new […]
U.S. company is said to be strongly interested in assets of Neve and Kleenex brands 10/13/2022 A new name has appeared in the negotiations for Kimberly-Clark assets in Latin America. U.S.-based Woodland Partners is being considered a frontrunner at this stage of the negotiation, sources say. Woodland has hired Bank of America as an advisor […]
Reduction in in-person offerings intensified in the pandemic, while distance learning grew 10/13/2022 Several private educational groups are requesting to close colleges and face-to-face programs all over the country. At the end of August, a decree by the Ministry of Education (MEC) authorized the closure of more than 500 undergraduate programs at once. In the […]
Inflation projections around 5% consider that fuel prices will not be raised 10/13/2022 Brazil’s official inflation index IPCA is seen by some economists closer to the top of the target range for 2022, of 5%, or slightly below this level. These analysts believe that the recent inflation slowdown cannot be explained by the federal government’s […]
With slow pace of auctions, governments and regulatory agencies seek ways to bring construction works forward 10/12/2022 The infrastructure industry is coming to the end of this administration without an effective solution for problematic concessions of the past. The main alternative for these contracts is to hold new auctions, a path chosen for at least […]
New version is capable of delivering two compositions in one run 10/12/2022 Roboagro’s feed dispensing robots now deliver two different compositions in a single run — Foto: Divulgação Roboagro will launch a new version of its swine feed dispensing robots later this month. Now, the equipment is able to deliver two different compositions in a […]
According to Central Bank’s Focus survey, it retreated to 3.47% from 3.5% 10/11/2022 Brazilian Central Bank — Foto: Michel Filho/Agência O Globo Inflation expectations for 2024, a year increasingly important in monetary policy decisions, receded a bit last week, to 3.47% from 3.5%, in Focus, Central Bank’s weekly survey with economists. The percentage is still […]
Forest-based sector expected to invest more than R$63m in Brazil by 2028 10/11/2022 Joao Cordeiro — Foto: Silvia Costanti/Valor The more than R$63 billion in investments planned or being executed by the forest-based industry in Brazil up to 2028 are moving the global chain of suppliers, from consulting and engineering services companies to manufacturers of […]
Retail chains are not part of the main strategies of their controlling shareholders 10/11/2022 The rivals of construction materials C&C, owned by the family Faria, and Telhanorte, which belongs to the French group Saint-Gobain, were put up for sale and are likely to compete for the same buyers. Although the sale of construction materials has […]
Goal is to end irregular situations in about 20% of the Brazilian cities 10/10/2022 Veronica Sánchez — Foto: Wenderson Araujo/Valor The National Water Agency (ANA) has made an alliance with control bodies and the Judiciary in an offensive against 1,117 municipalities that have not adapted to the requirements of the basic sanitation regulatory framework. The […]