Tag archive for ‘Brazil’
By businessnewstoday On Wednesday, July 29th, 2020

AES to buy BNDESPar’s 18.5% stake in Brazilian power utility AES Tietê

(adsbygoogle = window.adsbygoogle || []).push({}); Global power company AES Corporation said that its fully-owned subsidiary – AES Holdings Brazil (AES Brasil) has signed a deal worth BRL 1.27 More...

By businessnewstoday On Sunday, July 12th, 2020

Allianz completes €500m acquisition of SulAmérica’s auto and other P&C operations

German insurance giant Allianz has closed its BRL 3.2 billion (€500 million) acquisition of the automobile and other property and casualty (P&C) business from Brazilian insurance company SulAmérica Auto e More...

By Soujanya Ravi On Wednesday, February 12th, 2020

Lavras solar power projects : Canadian Solar secures financing from BNB

Canadian Solar has secured BRL225.2 million ($55 million) non-recourse project financing for its 152.4MW Lavras solar power projects from Banco do Nordeste do Brasil (BNB). BNB will be funding the Lavras solar projects More...

By businessnewstoday On Saturday, December 28th, 2019

Vale to sell stake in Henan Longyu Energy Resources to Yongmei

Brazilian mining company Vale has agreed to sell the 25% stake it holds in Chinese coal miner Henan Longyu Energy Resources to Yongmei Group for CNY1.065 billion (approximately $152 million) as per the latest mining More...

By businessnewstoday On Tuesday, December 17th, 2019

Equinox Gold to acquire Canadian gold producer Leagold Mining

Equinox Gold acquisition of Leagold Mining : Canadian mining company Equinox Gold has signed a deal of about CAD 769.3 million ($ 578.38 million) to acquire Leagold Mining, as per the latest mining acquisition news. Also More...

By Raghuram Kadari On Wednesday, October 23rd, 2019

Coty plans to divest professional beauty business and Brazilian operations

Coty, a US beauty conglomerate, has announced plans to divest its professional beauty business and associated hair brands, as well as its Brazilian operations as part of its ongoing transformation. The potential More...

By Raghuram Kadari On Thursday, August 29th, 2019

Poyry secures EPCM contract for Project Star in Lencois Paulista, Brazil

Finnish consulting and engineering firm Poyry has secured an engineering, procurement, construction and management (EPCM) contract from Bracell to develop Balance of Plant (BoP) of the Project Star. Last month, More...

By Raghuram Kadari On Monday, August 26th, 2019

SulAmérica to divest auto and other property-casualty operations to Allianz

Allianz, a German multinational financial services company, has entered into an agreement with Brazilian insurance company SulAmérica to acquire the latter’s automobile and other property-casualty operations More...

By Raghuram Kadari On Friday, August 16th, 2019

Brazilian retailer Lojas Americanas deploys Zippin checkout-free technology

Brazilian retail chain Lojas Americanas has struck a deal with Zippin to deploy the latter’s checkout-free technology in its stores across Brazil, as per the latest retail technology news. Lojas Americanas has More...

By Raghuram Kadari On Tuesday, July 30th, 2019

Brazilian fintech Nubank rakes in $400m in Series F investment round

Fintech industry news : Brazilian fintech Nubank, a financial technology provider in Latin America, has raised $400 million in its Series F investment round, marking the largest funding round raised till date by More...