Tatiana Bautzer

Japan’s Takeda invites Brazilian pharma firms to bid for Latam business

Takeda expects to fetch more than $1 billion for the Latin American operations. In Brazil, Takeda owns popular OTC drug brands.

Temasek, other backers of restaurant chain BK Brasil begin $197m share sale

Only shareholders such as asset managers Vinci Partners and Capital Group and Temasek are selling part of their stakes, and the company itself will not raise cash.

Japan’s Mitsui in talks to acquire suburban Brazil rail company SuperVia SA

Talks to sell SuperVia SA are being led by Brazilian creditors of conglomerate Odebrecht SA as the corruption-ensnared group faces pressure to sell assets and reduce debt.

Singapore’s PSA among three Asian firms vying for Brazilian ports

PSA, China’s Hutchison Port Holding and China Merchant Port Holdings have delivered non-binding proposals for container terminals in Salvador and Rio Grande.

Singapore’s GIC, investment firm Squadra said to mull Cesp bids

The auction of a controlling stake in Companhia Energética de São Paulo, or Cesp, is scheduled for October 2. 

Indonesia’s April Group in talks to acquire Brazil’s Lwarcel

Lwarcel has one pulp-producing unit in the state of Sao Paulo with 250,000 annual tonnes in capacity, and the expected value of the deal is around 2 billion reais ($586 million).

Engie, Mubadala, Macquarie-led consortia bid for Petrobras pipelines

Macquarie has reportedly partnered with Canada Pension Plan Investment Board and Singapore’s sovereign wealth fund GIC for the bid.

Engie, Mubadala in race for Petrobras Brazil pipeline; Singapore’s GIC also interested

GIC, which bought a minority stake in another pipeline network from Petrobras last year, is analyzing the investment.

Goldman Sachs to invest $184m in Brazil storage company Metrofit

Goldman Sachs Group Inc will invest $184 million (600 million reais) in Brazilian storage company Metrofit over the next 6 years, betting on a recovery from the harshest recession since the 1930s, a company executive said on Friday. Metrofit, founded in 2012, is a joint venture between Brazilian real estate company TRX… Read more »

After Fiagril purchase, Shanghai Pengxin now eyes Brazilian bank BI&P

Pengxin’s search for financial, logistics and commodities firms in Brazil is gaining steam following the $200 million purchase in April of a controlling stake in grain processor Fiagril Participações SA. The Chinese group could spend up to $3 billion in Brazilian targets.