Reports suggest its becoming apparent that Oi, as well known as Tele Norte Leste Participacoes SA, by far the biggest telecoms company in Brazil, is the target of a potential acquisition investment bid by a renowned Portuguese Telecoms firm. Speculation was ripe Monday that the company is being keenly watched for investment acquisition by Portugal [...]

JBS SA, Brazil based and the world’s biggest producer of beef, reported that it had agreed on a deal for the purchase of McElhaney Feedyard in Arizona, USA, at an investment worth $24 million.  According to a statement from the company, the Feedyard has a one time capacity to feed 130,000 head of cattle and [...]

LVMH Moet Hennessy Louis Vuitton, the French luxury goods giant, reported that it had made an acquisition investment for a controlling stake in Sack’s. The investment deal will see the French luxury goods giant acquire a 70% controlling stake in the Brazilian firm, Sack’s, the online beauty retailer. LVMH Moet Hennessy Louis Vuitton hopes the [...]

In a move to enhance its Brazilian investments, the UK’s third largest bank, Barclays Bank, through its Securities arm, Barclays Capital, announced that it has contracted Ana Cabral-Gardner to help in expansion of its Brazilian investment banking business. The Brazilian banking industry is expected this year to have more mergers and acquisitions ever since the [...]

Japan’s third biggest stock trading company, Sumitomo Corp. Thursday announced that its in a $1.9 billion bid investment for the acquisition of a 30% stake in Brazilian steel giant, Usiminas Siderurgicas de Minas SA unit. The Japanese company targets an expansion of the Brazilian flat steel manufacturer’s production capacity, by tripling its iron ore supply [...]

Telefonica, the Spanish telecoms company, Tuesday announced that it intends to raise its bid for Portugal Telecom’s stake in the holding company that controls Vivo, the Brazilian mobile phone operator, to about €7.15 billion from the initial offer of €6.5 billion. This is the second time the Spanish telecoms company is increasing its bid for [...]

Caterpillar Inc. Tuesday announced its plans for expansion in Brazil to meet the growing Latin America market. In this regard, the company will increase its Brazilian manufacturing operations presence to enhance its position and enable it meet the burgeoning customer demand in Latin America.
According to the company, a studies and site selection for the new [...]

The Libyan Arab Foreign Investment Company, Lafico, (a sovereign Libyan fund), reported that it is currently seeking investment opportunities in Brazil. The fund’s envoys have made previous investment study visits to the country, analyzing partnerships in the production of food in irrigated areas in the North East of the country.
The director, infrastructure and Integrated Development [...]

The Dutch international design, consulting, engineering and management Services Company, ARCADIS, Friday announced that its Brazilian subsidiary had signed a US$54 million deal with the Sao Paulo State Basic Sanitation Company, SABESP, for its services. According to the announcement, the company said that a syndicate led by its Brazilian subsidiary, ARCADIS Logos, had signed the [...]

The Brazilian government yesterday confirmed that property investors in the country may be banned from owning land. In the announcement, foreign real estate investors interested in owning land in the Brazil might face tougher restrictions as the Brazilian government clamps down on land ownership over food security concerns.
As such, buying land in the country could [...]