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GPA fiscal board member resigns as governance disputes widen
Tensions have been fueled by disputes regarding executive compensation
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Light Shares Plunge After Weak Q2, Market Sees Concession Uncertainty
Brazilian utility posts R$51.4 million loss and revenue decline as investors await clarity on distribution concession renewal
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Embraer Board Approves $300 Million Eve Capital Raise With BNDES Backing
Embraer trims Eve stake to 69% as Brazil’s BNDES joins $300 million capital raise with board seat rights
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Prio Wins 500,000-Barrel Government Oil Auction in Brazil
The win marks Prio’s first success in a competitive process organized by PPSA, which is responsible for selling the government’s share of oil from production-sharing…
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Marfrig Expects BRF Merger to Close by End of September
The merged entity is also considering a US listing, which both companies disclosed when announcing the deal
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Cosan Considers Strategic Partner for Raízen to Bolster Capital Structure
CEO Marcelo Martins says partnership could help reduce debt and strengthen financial position
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Banco do Brasil Profit Slump Divides Analysts on BBAS3 Buying Opportunity
60% quarterly earnings drop prompts forecast cuts and caution, while some see attractive valuations
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IRB(Re) Profit Surges 120% in Q2 to BRL 143.6 Million
In the life segment, the turnaround was stark: a BRL 5 million profit versus a BRL 54 million loss a year earlier
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Dasa’s Loss Jumps 74% to R$175.6 Million in Q2
The diagnostic medicine unit was the only segment to grow, with revenue up 6% year-over-year to R$2.1 billion
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The Consecration of Three Stars
Brazil enters the Michelin pantheon — and the world of haute cuisine celebrates, debates and charges admission, as it always has.
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Copasa approves special share ahead of sale
Minas Gerais to retain veto rights as utility prepares follow-on offering that could raise up to R$10 billion.
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Cosan, Shell, BTG Near Raízen Capital Deal
Private equity funds may invest R$5.5 billion as restructuring targets debt conversion and asset sales.