9 result(s) displayed (1 - 9 of 9):

Brazilians take center stage in JBS, InBev (from Corporate Dealmaker)

What is it about these Brazilian management teams? On Thursday, we learned that JBS SA (BZ:JBSS3) was in late-stage talks to acquire bankrupt Pilgrim's Progress Corp. (OTC:PGPDQ) for about $2.5 billion. If a deal materializes, it would cap 24 months of aggressive dealmaking by the Brazilian beef giant. Since its...

Posted on September 4, 2009 1:20 PM

More news from the oil patch: AETI in Brazilian JV (from Corporate Dealmaker)

American Electric Technologies Inc. is setting up in the fast-growing Brazilian offshore drilling market. Through a joint venture with Lifting Services Ltda. and Five Star Services Ltda., both based in Brazil, the company will supply electrical parts and services to companies in the drilling and exploration market. This is AETI's first...

Posted on December 4, 2008 2:10 PM

ADM creates Brazilian ethanol JV as U.S. biofuel industry struggles (from Corporate Dealmaker)

Archer Daniels Midland Co. is expanding its ethanol business with a $500 million joint venture in Brazil. The Illinois company will partner with sugarcane producer Grupo Cabrera to produce ethanol from sugarcane at two Brazilian plans over the next seven years. This is ADM's first deal to produce the biofuel...

Posted on November 5, 2008 9:20 AM

Brazil's massive oil discovery 'a gift from God' (from Corporate Dealmaker)

That's what Brazilian President Luiz Inacio Lula da Silva said about the discovery of 50 billion to 80 billion barrels of light crude miles under the Atlantic. The massive oil reserves -- which could ultimately be worth as much as $5 trillion, the AP reported -- could turn Brazil...

Posted on October 10, 2008 12:11 PM

CD Forum: Briefing on Brazil deals (from Corporate Dealmaker)

The post-lunch focus at CD Forum is on why we're seeing a surge of foreign direct investment into Latin America's largest economy. Brazil has a cache of deposits that miners, steelmakers and alternative energy producers alike are very interested in. Here's a look at some deals we...

Posted on October 2, 2008 3:49 PM

Petrobras wants Exxon's Brazil assets (from Corporate Dealmaker)

Brazil's state-owned oil firm Petróleo Brasileiro SA, or Petrobras, is looking to acquire ExxonMobil Corp.'s Brazilian service stations. Analysts put the offer price around $1 billion and say the deal could raise antitrust issues. In March 2007, a consortium including Petrobras and two local partners bought the Ipiranga Group, the...

Posted on April 17, 2008 9:27 AM

Emerging markets: A global economic forecast (from Corporate Dealmaker)

In our recent online focus on emerging markets (also the cover subject in our latest magazine) we excerpted an interesting book, "Riding the Indian Tiger: Understanding India -- the World's Fastest Growing Market." Now here's more from the author, William Nobrega, president and founder of the Conrad Group, a...

Posted on March 28, 2008 2:29 PM

Hard-won wisdom (from Corporate Dealmaker)

Before he became the CFO working to fix Cott, Juan Figuereo did nearly a career's worth of emerging market work for PepsiCo and Wal-Mart. He learned much about deals along the way...

Posted on March 12, 2008 2:27 PM

Emerging markets watch: Brazil (from Corporate Dealmaker)

As we continue our reporting on dealmaking in emerging markets in advance of Corporate Dealmaker's March issue on the topic, we turn to Brazil. The country has been most active among its Latin American peers in M&A, and its hot sectors of late have mirrored those where worldwide consolidation has...

Posted on February 26, 2008 12:23 PM