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Certainly, the year 2018 can be considered as the year of the resumption of the Brazilian economy
‘Sure enough, the year 2018 may be regarded as the year of the resumption’ One of the largest investment banks in the world, Goldman Sachs sees a robust recovery of the Brazilian economy and the return of foreign investors to Brazil. For Antonio Pereira, head of Goldman Sachs Investment Banking in Brazil, 2018 will be…
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German mergers and acquisitions boost European indices
German mergers and acquisitions boost European indices The FTSEurofirst 300 index rose 0.24 percent to 1,483 points, while the pan-European STOXX 600 index gained 0.25 percent to 379 points. European equity markets peaked in nearly two weeks on Monday, fueled by gains in German public services after key players announced a major industry reform. Actions…
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Dutch group makes contact for acquisition of Braskem, newspaper says
According to the Wall Street Journal, an offer could evaluate Braskem as worth well over $ 10 billion. Dutch group Lyondellbasell has approached the acquisition of Brazilian petrochemical company Braskem, the Wall Street Journal reported on Monday. According to the newspaper, an offer could evaluate Braskem, the largest petrochemical company in the Americas, worth well…
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Mergers & Acquisitions
Wipro Digital acquires Cooper, consulting user experience projects In a statement, the company says acquisition boosts its digital transformation capabilities in North America and creates a robust design consultancy Wipro Digital, India’s digital business unit Wipro, a consulting and IT services and business process company, today announced that it has signed a definitive agreement to…
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ECONOMY – With sale of assets, Vale and Petrobrás are featured
Among the companies that reduced the net debt between June 2016 and June of this year, two Brazilian giants – Vale and Petrobrás – stand out. Pressured by a high degree of leverage, both have been divesting assets to generate cash and relieve debt. The result of this movement was a retraction of 11.15% in…