Edition:
United States

Tatiana Bautzer

Pulp friction: Paper Excellence, Brazil's J&F joust over scuppered deal

Sep 21 2018

SAO PAULO Netherlands-based Paper Excellence will argue in arbitration over its attempted takeover of Brazil's Eldorado Brasil Celulose SA that surging pulp prices played a big part in Eldorado's owners canceling the deal, according to documents seen by Reuters and two people with knowledge of the matter.

RPT-Brazil's Netshoes working with Goldman Sachs to find partner -sources

Aug 27 2018

SAO PAULO, Aug 24 The founder and chief executive officer of Brazil's online shoe retailer Netshoes Ltd , Marcio Kumruian, is working with Goldman Sachs to look for a partner willing to inject cash in exchange for a stake, after the bank helped the company refinance its debt, two people with knowledge of the matter said this week.

Brazil's Netshoes working with Goldman Sachs to find partner: sources

Aug 24 2018

SAO PAULO The founder and chief executive officer of Brazil's online shoe retailer Netshoes Ltd , Marcio Kumruian, is working with Goldman Sachs to look for a partner willing to inject cash in exchange for a stake, after the bank helped the company refinance its debt, two people with knowledge of the matter said this week.

Brazil's Oi owners to focus on improving business before selling stakes: sources

Aug 24 2018

SAO PAULO The distressed asset investment firms that are Brazilian telecom Oi SA's top shareholders will focus on improving the company's mobile and broadband operations instead of a near-term sale of their stakes, two sources with knowledge of the matter said.

Brazil's Usiminas seeks to sell stake in miner Musa: source

Aug 23 2018

SAO PAULO Brazilian steelmaker Usinas Siderurgicas de Minas Gerais, known as Usiminas, has hired Banco BTG Pactual SA to sell its 70 percent stake in its mining company, one person with knowledge of the matter said on Thursday.

Brazil's Marfrig focuses on beef after Keystone sale -CFO

Aug 20 2018

SAO PAULO, Aug 20 The sale of Keystone Foods LLC to Tyson Foods Inc. for $2.4 billion concludes a major strategic change for Brazilian meatpacker Marfrig Global Foods SA, which will focus exclusively on beef, its chief financial officer said on Sunday.

Brazil card processor Stone hires banks for IPO: sources

Aug 17 2018

SAO PAULO Brazilian credit card processor Stone Pagamentos SA has hired Goldman Sachs & Co , JPMorgan Chase & Co and Citigroup Inc as lead managers for a hoped-for New York initial public offering, three people with knowledge of the matter said on Friday.

Brazil's Marfrig to sell U.S. unit to Tyson for $2.5 billion: sources

Aug 17 2018

SAO PAULO Brazilian meatpacker Marfrig Global Foods SA has agreed to sell its U.S. subsidiary, a key McDonald's supplier, to Tyson Foods Inc for $2.5 billion, two people with knowledge of the matter told Reuters on Friday.

World News