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BRF sells factories abroad to Tyson Foods for $ 340 million
BRF signed a $ 340 million ($ 1.258 billion) buy-out of Tyson Foods operations in Thailand and Europe on Thursday, considering the closing of the US currency yesterday. The transaction was announced at 5 pm by Tyson. In practice, the sale of the operations in Europe and Thailand (four factories in the Asian country, one…
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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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Recovery will guide mergers and acquisitions of companies in Brazil in 2018
Recovery will guide mergers and acquisitions of companies in Brazil in 2018. The recovery of the Brazilian economy and falling interest rates are likely to change the nature of merger and acquisition activity in the country in 2018, from sales pressured by scandals to transactions driven by investor bets on resumption of economic growth, say…