No formal mandate yet, but companies have re-engaged following the asset merger between 3R and Enauta 04/25/2024 Eneva’s Parnaíba thermal complex in Maranhão: company is in talks to merge with PetroReconcavo — Foto: Divulgação Eneva and PetroReconcavo have resumed discussions on a potential merger of their businesses, Valor has learned, after their ongoing negotiations with […]
Investment in the distressed company would be linked to equity dilution of Slezynger family 04/24/2024 Asset manager IG4 has made a bid to take over Unigel, Valor has learned. The negotiations hinge on the willingness of the Slezynger family to relinquish control of the chemical company and accept equity dilution, sources indicate. Talks began three […]
Research exposes program flaws, calls for labor cost cuts to combat informality 04/24/2024 Bruna Mirelle Alvarez — Foto: Gabriel Reis/Valor More than half of the so-called individual microentrepreneurs (MEIs) in Brazil work as salaried employees for other companies, research shows. The study indicates that the so-called “pejotização”—hiring of workers as firms rather than individuals—could be […]
Company owned by the Moreira Salles family plans to develop more applications for the metal 04/24/2024 CBMM, the world’s largest niobium producer, is expanding investments to develop new applications for the metal. After disbursing R$230 million for this purpose in 2023, the company controlled by the Moreira Salles family set aside another R$270 million in […]
Purchases from abroad gained importance last year with an increase in imports from China 04/24/2024 In recent months, Brazil’s steel imports, especially from China, have surged, highlighting a conflict between two significant sectors of the national industry — Foto: Divulgação/ArcelorMittal On Tuesday (23), Brazil’s Chamber of Foreign Trade (CAMEX) approved two measures targeting imports of […]
By Edmo Colnaghi Neves, PHD.
Idea is to review regulation to enable a 25% reduction in cost to industry, minister of Energy says 04/23/2024 Alexandre Silveira — Foto: Fabio Rodrigues-Pozzebom/Agência Brasil The Ministry of Mines and Energy carried out a study aimed at identifying opportunities to expand the supply of natural gas in Brazil and found that it’s possible to […]
Swiss group shapes organic expansion strategy to maintain boutique service 04/23/2024 Frédéric Rochat — Foto: Gabriel Reis/Valor With $351 billion in wealth management globally, Swiss private banking firm Lombard Odier wants to grow in Brazil with no acquisitions. All foreign groups that achieved a relevant share in this segment took shortcuts through acquisitions. That was […]
Key aides met leaders of the governing coalition in the Lower House to address the Executive branch’s legislative agenda 23/04/2024 Arthur Lira — Foto: Zeca Ribeiro/Câmara dos Deputados President Lula’s ministers stepped in to defuse a growing crisis between the Planalto Palace and Congress. Following the president’s meeting with Lower House Speaker Arthur Lira, key […]
Financial expenses reached R$306bn in 2023, while capital allocation totaled R$298bn; delay in fiscal target worsens the scenario 04/22/2024 André Freitas de Moura — Foto: Rogerio Vieira/Valor Brazilian companies spent more on financial expenses—mainly made up of interest payments—than on investment in 2023, according to a survey carried out for Valor encompassing all domestic publicly […]