Cayman Islands based Equity Partners Fund SPC has established a new segregated portfolio which will conduct business under the name Funchal Equity Partners Fund to make investments into Brazil.

Banif Banco de Investimento (Brazil) S.A. has been engaged to conduct valuations of potential transactions and to assist in the hiring of companies that can conduct due diligence should it be required.

Chime Communications plc has acquired a majority stake Brazil’s sports rights consulting firm Golden Goals. The investment is for an estimated £9.5 million and is aimed at taking advantage of Brazil’s hosting of the 2014 World Cup and the 2016 Rio Olympics. Chime Communications is a marketing, PR and advertising group.

BP Monday announced it has received final approval to complete the purchase of ten exploration and production blocks in Brazil from Devon Energy.

The regulatory approvals from the Brazilian National Petroleum, Natural Gas and Biofuels Agency (ANP) were the last required to conclude the agreement announced in March last year. It is expected formal completion of the acquisition will take place shortly.

MasterCard and Rev Worldwide launched Brazil's first prepaid card for everyday purchases with Banco PanAmericano. The prepaid card services will be available throughout all participating PanAmericano stores in Brazil.

The PanAmericano MasterCard Prepaid Card is the only general purpose reloadable prepaid card available in Brazil today and does not limit the card's use to specific transactions like existing prepaid products.

The European Commission has approved the merger of two of Brazil’s major juice processing firms. The EU commission approved the merger of Citrovita and Citrosuco, who together process a combined 40 per cent of the orange juice from Brazil. The merger creates one of the world’s biggest wholesale suppliers of orange juice, with US$1.2 billion in per annum revenues.

Julius Baer Group Ltd, the leading Swiss private banking group, Tuesday announced that it has acquired 30 per cent of São Paulo-based GPS, which includes GPS Planejamento Financeiro Ltda and CFO Administração de Recursos Ltda.

In a move that continues its aggressive acquisition campaign in Brazil, Publicis Groupe announced it had entered an agreement to acquire Tailor Made, a Brazilian independent advertising agency established by Paulo Giovanni.

According to the terms of the agreement, Publicis Groupe immediately acquires a minority stake of the new agency, and has the possibility of increasing its participation to 100% by 2013. The agency will be integrated into Leo Burnett Brazil, which will be renamed Leo Burnett Tailor Made.

Equinix, Inc., a provider of global data center services, and Riverwood Capital, a technology-focused private equity firm, announced the completion of their acquisition of ALOG Data Centers of Brazil S.A. in an all cash transaction. Equinix invested a total of approximately $83 million—approximately $68 million as part of the acquisition and approximately $15 million to provide additional capital to fund future data center expansions.

Publicis Groupe Tuesday signed an agreement to acquire GP7, a São Paulo-based advertising agency focused on emerging social classes as well as travel and tourism. The agency will be renamed Publicis Red Lion (a unit of Publicis Brazil), and will be aligned with Publicis Worldwide.

Post the investment, GP7 CEO, João Fernando Vassão, will become Managing Director of Publicis Red Lion and will henceforth report to Orlando Marques, CEO of Publicis Brazil.

Chilean energy firm Enersis SA is to invest an estimated $65.4 million in an upgrade of its distribution and transmission service in the Brazilian state of Rio de Janeiro. The plan shall be implemented through the subsidiary, Ampla, the distributor which supplies more than 2.5 million customers in the state of Río de Janeiro.

America Movil announced Thursday it has entered into a stock purchase agreement with GE Satellite Holdings LLC and its affiliates, to acquire 20% of the shares representing the capital stock of StarOne S.A.

StarOne is a Brazilian company that provides satellite services in Brazil. Empresa Brasileira de Telecomunicações S.A. (Embratel), subsidiary of AMX, currently owns the remaining 80% of the shares representing the capital stock of StarOne.