At least four renewable power companies are for sale in Brazil, attracting the interest of groups and asset management companies, including from overseas. The two main assets — Ibitu and Rio Energy — are valued at R$12 billion, according to sources. Other businesses on the block are Renova Energia, which divested projects in 2021 and […]
CEOs and senior executives of 47 companies from various segments have united with the goal of training 3 million afro-descendant professionals for the Brazilian market and taking 10,000 of them to leadership positions by 2030. The Movement for Racial Equity (Mover) started to be formed in 2020 and has the goal to accelerate racial inclusion […]
The acquisition of Banco Modal by XP Inc. brings to the financial group founded by Guilherme Benchimol R$30.4 billion in assets under custody, 501,400 active clients and a portfolio line of credit of R$606.8 million, data from the third-quarter results show. It may seem little for XP, which was already near R$800 billion under its […]