Company seeks partner for energy business, plans to divest assets to reduce leverage ratio 08/14/2024 Benjamin Steinbruch — Foto: Rogerio Vieira/Valor CSN, the Brazilian steelmaker that holds a 12.9% stake in Usiminas, reiterated on Tuesday (13) that it will comply with the determination of the Administrative Council for Economic Defense (CADE), and more recently from the courts, […]
Despite three years without IPOs in Brazil, fixed-income securities sustain market activity 08/14/2024 Cristiano Guimarães — Foto: Gabriel Reis/Valor With the equities market stalling and many mergers and acquisitions (M&As) operations on pause, the revenue of investment banks operating in Brazil has dipped to the lowest level in at least seven years. So far this year, revenues from […]
Professionals anticipate COPOM will actualize monetary tightening following communication adjustments 08/13/2024 Genoa’s André Raduan, Itaú Asset’s Bruno Serra Fernandes, and Verde’s Luiz Parreiras — Foto: Divulgação Central Bank’s Monetary Policy Committee (COPOM) is anticipated to consider an increase in the Selic, the policy interest rate, during its next session. Leading asset managers, including André Raduan from Genoa Capital, […]