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Murray News

Petrobras, BB shares plunge after change in rule for state-owned companies

Government-linked stocks suffer from measure that paves the way for political interference 12/15/2022 Change enabled nomination of Aloizio Mercadante as CEO of the Brazilian Development Bank — Foto: Cristiano Mariz/Agência O Globo A fast change in the State-owned Company Law, passed by the Chamber of Deputies on Tuesday night, worsened the market’s risk perception about […]

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15 de December de 2022/by Gelcy Bueno
Murray News

NGOs ask IFC to block financing of Suzano’s new pulp mill

Brazilian giant is investing R$19.3bn in the largest single production unit of this raw material in the world 12/15/2022 Suzano’s eucalyptus forest in Mucuri, Bahia — Foto: Divulgação More than 40 non-governmental organizations (NGOs) from different regions of the world have requested the International Finance Corporation (IFC), the financing arm of the World Bank for […]

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15 de December de 2022/by Gelcy Bueno
Murray News

Mubadala deal values Atvos at R$1.6bn

Deal for sale was closed between Mubadala and company’s creditor banks 12/14/2022 The sugar-and-ethanol company Atvos was valued at R$1.6 billion in the agreement closed between Abu Dhabi sovereign wealth fund Mubadala and the creditor banks of the company for its sale, sources say. The transaction, settled in defiance of the current controlling shareholder, the […]

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14 de December de 2022/by Gelcy Bueno
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