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Murray News

Casas Bahia reaches agreement for R$4.1bn debt

Agreement with BB and Bradesco includes out-of-court reorganization 04/29/2024 Renato Franklin — Foto: Rogerio Vieira/Valor The Casas Bahia group informed the market on Sunday (28) that it has reached an out-of-court reorganization agreement with its main creditors, Banco do Brasil and Bradesco, to carry out a reprofiling of the entire company’s debt. The payment term […]

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29 de April de 2024/by Gelcy Bueno
Murray News

Agricultural cooperatives expand investments in industrial projects

Leaders in the sector in Brazil, who announced investments of R$3.8bn in 2023, will prioritize industrial projects in new disbursements totaling R$7.4bn 04/29/2024 Fernando Degobbi — Foto: Divulgação Despite a profitability decline in 2023, due to commodity price fluctuations, agribusiness cooperatives remain keen to invest—particularly in industrial projects aimed at adding value to their products. […]

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29 de April de 2024/by Gelcy Bueno
Murray News

Bank profits to rise but outlook is uncertain

Delinquency continues to fall, and the portfolio is growing at a moderate pace, but the macroeconomic context can bring challenges 04/29/2024 Marcelo Noronha — Foto: Ana Paula Paiva/Valor Large publicly-traded banks are expected to see new profit growth in the first quarter, continuing the trends observed in recent periods: a slight decrease in defaults and […]

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29 de April de 2024/by Gelcy Bueno
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