Highlights of the week
Corporate Finance Category Winner: OGX’s Record IPC That Latin America''''s biggest-ever IPO occurred in 2008 is impressive in itself given the current climate. OGX Petróleo e Gás, a precocious energy start...
* Mergers and acquisitions in Brazil to pick up * Value of deals seen growing * Companies in financial distress seen as targets By Aluisio Alves Mergers and acquisitions activity in Brazil looks poised for a strong...
Brazil's state-controlled bank Banco do Brasil has acquired 50 per cent of Banco Votorantim, taking advantage of government measures designed to stave off the financial crisis. The US$1.86 billion transaction closed on 9 January, and is Banco...
Lawyers in the US and Brazil have helped leading Brazilian pulp producer Aracruz Celulose negotiate the restructuring of over US$3 billion in derivative losses and bank debt, as part of its merger with rival Votorantim Celulose e Papel (VCP)...
