Blockbuster deal valued at R$2bn; plan aims to double restaurant locations 11/08/2024 Vinci Partners has finalized the purchase of a controlling stake in Bloomin’ Brands’ Brazilian operations. Through its fourth private equity fund, Vinci will hold 67% ownership, while the U.S. company will retain a 33% share. Bloomin’ Brands currently operates nearly 200 restaurants in […]
As conditions worsen, fund managers offload assets and boost cash reserves 11/06/2024 Real estate funds (FIIs) experienced their worst October on record, with the Ifix—the sector’s benchmark index—plummeting by 3.06%. This marks the largest monthly decline since November 2022, leaving share values nearing historic lows last seen in March last year. The analysis, conducted by […]
Deals account for 35% of M&A activity this year through October, up from 6% in 2021 11/06/2024 With the Brazilian stock market closed to new listings for over three years, a group of companies is resorting to selling minority stakes to raise funds for expansion. As of October this year, minority transactions accounted for 35% […]