Fewer greenfield projects were launched since recession of 2015 09/06/2022 Glauco Humai — Foto: Divulgação Brazil is on its way to completing a decade since the last great cycle of investment in shopping malls with no sign of a new wave on the radar. Yet, those already in operation have left the pandemic crisis behind, […]
Internet and information technology companies accounted for more than half of deals 09/05/2022 Mergers and acquisitions in Brazil increased 26.1% in the first half of this year, to 1,104 deals, compared to the first six months of 2021. Internet and information technology companies totaled 590 deals, research by KMPG shows. The long-time consolidation drive in […]
Company expects to triple its revenue to R$1.2bn by 2023 with new facilities 09/05/2022 Everton Fardin — Foto: Divulgação The shortage of photovoltaic equipment on the Brazilian market is opening up opportunities for Sengi Solar. The company is investing R$440 million to build new factories in Paraná and Pernambuco with the capacity to make 1 […]
A bet by President Jair Bolsonaro to try and reach voters of the Northeast region, program will be reduced in 2023 to 5% of what was planned 09/05/2022 The government has virtually eliminated any housing policy forecast for 2023 in the budget bill submitted to Congress. The total amount to be allocated to the National […]
Real economy businesses are expected to come back more strongly than technology companies 09/05/2022 After a sluggish year period for IPOs, investment banks project that capital markets will accelerate again as of November. After the elections, regardless of who wins the presidential race, companies will start to resume plans to raise money in the Brazilian […]
Economists are anticipating a more challenging scenario for the Central Bank to meet inflation targets 09/05/2022 Central Bank’s building in Brasília — Foto: Divulgação/Rodrigo Oliveira/Caixa Econômica Federal Fuel tax cuts will remain in place next year, which lowered financial market inflation expectations for 2023 but did not prevent them to rise in 2024 – a […]
Initial investment is R$250m, but new company still depends on approval by CADE 09/02/2022 Gustavo Werneck — Foto: Divulgação Two large and internationally renowned groups from the state of Rio Grande do Sul — Gerdau and Randon — announced this Thursday a joint venture in a segment that is quite different from their areas of […]
Creditor banks asked Apollo, BTG and J&F to improve their bids; Unipar and Ultra still interested 09/02/2022 J&F, the investment holding company of the Batista family, is studying a proposal to buy 100% of Braskem, sources say. This week, J&F executives with the syndicate of creditor banks of Novonor (ex-Odebrecht), whose shares are used as […]
Industry grew 2.2%, while service sector expanded 1.3% 09/02/2022 Result was above the median of Valor’s estimates — Foto: Edilson Dantas/Agência O Globo The June quarter was one of expansion for the Brazilian economy. GDP grew 1.2% compared to the first quarter, seasonally adjusted, data unveiled Thursday by the Brazilian statistics agency IBGE show. The […]
Ibovespa had best month of the year in August; fixed-rate and inflation-linked bonds appreciated 09/01/2022 Jerome Powell almost spoiled the fun, but the Brazilian risk assets resisted the hawkish tone used by U.S. Federal Reserve chair at the end of the Jackson Hole meeting. While question marks remain as to where monetary tightening will go […]