Cielo seeks deals as competition bites
The largest payments company in South America is not for sale but rather is on the lookout for…
Brazil
Braskem stakes comes up for sale again
A renewed attempt is being made to sell a controlling stake in the Brazilian petrochemical company Braskem, but sources warn that…
Banco do Brasil confirms investment banking JV
In a securities filing late on 6 September state-controlled lender Banco do Brasil confirms…
Bolivia strikes gas deal in Brazil
Bolivia’s state energy firm has struck a deal to supply gas to Russian fertiliser firm Acron’s plants in…
Centauro increases offer for Netshoes
Apparel retailer Grupo SBF, the operator of Brazil’s Centauro stores, has increased its offer for online sports retailer…
LyondellBasell ends talks to buy Braskem
Chemical maker LyondellBasell has ended talks with Braskem’s controlling shareholder of about to the acquisition of the Brazilian…
BRF board minority opposed Marfrig merger
Management at Brazilian food processor BRF has faced opposition from a minority of its board to talks on…
Brazil meat firms discuss merger
Brazilian food processors BRF and Marfrig Global Foods have start discussions on a potential merger of the two…
Odebrecht unit prepares for bankruptcy
Atvos Agroindustrial Participacoes, the sugar and ethanol unit of Brazilian conglomerate Odebrecht, is preparing to file for bankruptcy…