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Mergers and acquisitions up 26% and move R $ 121.4bn through September, says Anbima
Mergers and acquisitions grew 26% in September compared to the same period last year, totaling R $ 121.4 billion, according to statistics from the Brazilian Association of Financial and Capital Markets Entities (Anbima). In the number of operations, however, the outlook is the opposite, with 68 transactions carried out this year, against 99 from January…
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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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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…