The number of agreements reached by companies and individuals with the federal government for payment of tax debts reached 1.1 million in April — totaling R$263 billion in negotiated amounts. Taxpayers have been taking advantage of the so-called “tax transaction,” which allows the Attorney General’s Office of the National Treasury (PGFN) to grant discounts and […]
Oil operator PetroRecôncavo and power generation company Eneva announced Wednesday they have been invited by Petrobras to continue negotiations for the acquisition of the state-run company’s stake in the Bahia-Terra cluster. The consortium formed by the two companies now enters the negotiations as “selected binding offeror.” In March, the duo had submitted a binding offer […]
Nubank is currently facing its toughest governance test since it went public, with pomp, in December. In addition to the controversy of more than R$800 million in compensation for the management team, the lock-up period on the trading of shares sold in the IPO was set to end earlier than expected. The result is reflected […]