CIT Group Inc, a leading provider of financing to small businesses and middle market companies, and Dell Tuesday announced the launch of two preferred partnership financing programs in Brazil and Mexico. The programs will provide financing to large enterprise customers looking to acquire Dell solutions.
Ron Arrington, Global President, CIT Vendor Finance, reiterated his delight to [...]

Owens-Illinois Inc Tuesday announced the acquisition of the remaining 21 per cent interest in its southern Brazil glass container company, Owens-Illinois do Brasil Industria e Comercio SA (Comercio). The remaining interest was acquired from Monteiro Aranha SA for approximately US$140 million in cash and gives Owens-Illinois 100-per cent ownership in Comercio. Owens-Illinois expects this transaction [...]

SN Power is to acquire all of the shares of energy commercialization company Enerpar, the Brazilian subsidiary of the Norske Skog Group. The investment is for a consideration of US$75 million. Enerpar owns energy purchase contracts up to the end of 2025 for an average annual value of 1.2 TWh.
The company will continue to offer [...]

Travelex, the world’s leading foreign exchange specialist, Friday announced its entry into the Brazilian market through the acquisition of Grupo Confidence (Confidence), Brazil’s largest independent foreign exchange business. The transaction is consistent with Travelex’s growth strategy, which is focused on expanding in fast growing regions and emerging markets.
Under the terms of the agreement, Travelex will [...]

Cielo S.A., the leading merchant acquirer and payment processor in Brazil, announced that it has acquired 100 per cent of the capital stock of Brazil’s leading company in payment processing for e-commerce, Braspag – Tecnologia em Pagamento Ltda. (Braspag). The acquisition was undertaken via a subsidiary of Cielo S.A.
Founded in 2005, Braspag is known for [...]

Sigma-Aldrich Corporation (SIAL) announced it has acquired all outstanding shares of Vetec Quimica Fina Ltda to strengthen the Company’s position in Latin America.  Based in Brazil, Vetec is a leading supplier of high quality specialty chemicals for the academic and industrial markets and provides products that support research, development and manufacturing.
Terms of the purchase were [...]

AMIL PARTICIPACOES S.A., the largest healthcare operator in Brazil, announced that it signed Thursday through its subsidiary Amil Assistencia Medica Internacional S.A. (Amil), a Purchase Agreement with the controlling shareholders of Lincx Sistemas de Saude Ltda. (Lincx) for the acquisition and transference of up to 100% of their interest in that company.
The amount to be [...]

Banco Bradesco S.A. (Bradesco) acquired shareholding control of Banco do Estado do Rio de Janeiro S.A. (BERJ) from the Government of the State of Rio de Janeiro. The investment involved the purchase of 96.99% of common shares and 95.21% of preferred shares, representing 96.23% of BERJ’s capital stock, for a total of R$1.025 billion.
With the [...]

According to the Wall Street Journal, Brazilian iron-ore miner MMX Mineracao e Metalicos SA acquired control of sister company PortX Operacoes Portuarias SA, allowing it to fully integrate its mining, port and shipping operations and to offer port services to third parties.
MMX, controlled by Brazilian billionaire Eike Batista, acquired 92.28% of PortX, which is also [...]

ACCIONA has sold-off its portfolio of current operative car park concessions, comprising 17,147 parking spaces spread across Brazil, Spain and Andorra. The investment was undertaken for a consideration of a total €190 million. The divestment took place in two separate operations: the EQT investment fund purchased the assets in Spain and Andorra, while the Brazilian [...]