Edition:
International

Tatiana Bautzer

Brazilian biotech Regenera in talks for sale -sources

11:18am EDT

SAO PAULO Brazilian biotech company Regenera Stem Cells is in talks with three animal health companies for the sale of its control, two people with knowledge of the matter said on Thursday.

A scandal cost Brazil billionaire bank CEO his job, but not control

Jul 19 2021

SAO PAULO/NEW YORK Twenty-three days in a Rio de Janeiro jail and getting stripped of his chief executive role were enough to make billionaire banker Andre Esteves consider leaving both Brazil and BTG Pactual, the investment bank he founded.

Shell, Cosan JV Raizen targets $13.5 billion valuation in IPO -sources

Jul 13 2021

SAO PAULO (Reuters) -Brazil's Raizen, a joint venture between Royal Dutch Shell PLC and Brazilian energy company Cosan SA, is targeting a valuation of around 70 billion reais ($13.5 billion) in its initial public offering, four people with knowledge of the matter said on Tuesday.

Shell, Cosan JV Raizen targets $13.5 bln valuation in IPO - sources

Jul 13 2021

SAO PAULO, July 13 Brazil's Raizen, a joint venture between Royal Dutch Shell PLC and Brazilian energy company Cosan SA, is targeting a valuation of around 70 billion reais ($13.5 billion) in its initial public offering, three people with knowledge of the matter said on Tuesday.

UPDATE 2-Brazilian aluminum producer CBA prices IPO at 11.20 reais per share -sources

Jul 13 2021

SAO PAULO, July 13 Brazilian aluminum producer Companhia Brasileira de Aluminio, controlled by conglomerate Votorantim SA, has priced shares at 11.20 reais each in its initial public offering, three sources with knowledge of the matter said.

Brazil sees dealmaking boom led by energy, retail, healthcare

Jul 02 2021

SAO PAULO Brazilian companies are striking mammoth share offerings and M&A deals, as Latin America's biggest economy recovers from the COVID pandemic with expected full-year GDP growth of 5%, potentially further lifting sectors from energy to healthcare.

Petrobras raises $2.3 billion in sale of fuel distributor stake

Jun 30 2021

SAO PAULO (Reuters) -Brazilian state-run oil company Petroleo Brasileiro SA, known as Petrobras, said on Wednesday it raised 11.36 billion reais ($2.3 billion) in the largest share offering of the year in the country.

Petrobras raises $2.3 bln in sale of fuel distributor stake- source

Jun 30 2021

SAO PAULO, June 30 Brazil state-controlled oil company Petroleo Brasileiro SA, known as Petrobras, has raised 11.36 billion reais ($2.3 billion) with the sale of its stake in fuel distributor Petrobras Distribuidora SA , one source with knowledge of the matter said.

Groups deliver proposals for EDP Brazil's hydroelectric plants -source

Jun 14 2021

SAO PAULO (Reuters) -Brazilian energy companies Eneva SA and Votorantim Energia are among groups interested in acquiring three hydroelectric plants EDP Energias do Brasil put up for sale, one source with knowledge of the matter said on Monday.

Exclusive-Casino's GPA considers spinning off Colombia's Exito -sources

Jun 14 2021

SAO PAULO Brazilian food retailer GPA SA is considering a spin off of its Colombian Almacenes Exito SA unit to GPA's shareholders including parent company Casino Guichard Perrachon, two sources with knowledge of the matter said.

World News

'Pingdemic' puts Britain's food supply under strain

LONDON (Reuters) -British supermarkets said on Thursday that some products were in short supply and petrol stations had been forced to close after the official health app told hundreds of thousands of workers to isolate following contact with someone with COVID-19.