Browsing: Brazil News
Brazil, the third country, exits China’s ambitious Belt and Road Initiative, impacting global infrastructure dynamics.Launched in 2013 by Xi Jinping, the Belt and Road Initiative aimed…
After intense legal disputes, X has resumed its operations in Brazil. The platform made this return possible by paying fines and appointing local representation.Previously banned for…
Ripple is expanding its global reach by partnering with Mercado Bitcoin, Brazil’s leading crypto exchange. This move signifies Ripple’s commitment to innovation in cross-border payments.By leveraging…
Mexican Coca Cola bottler Femsa acquires Brazil’s Coca-Cola Company distributor in $448m deal
Coca-Cola Femsa SAB de CV (MXK:KOFL), the bottler of Coca Cola in Mexico, said it would take over Brazilian Companhia Fluminense de Refrigerantes for an enterprise…
The new group formed from the merger of Italian motorway group Atlantia SpA (BIT:ATL) and airport operator Gemina SpA (BIT:GEM) will consider making bids for Brazilian…
Netherlands-based TNT Express NV (AMS:TNT) is looking at divestment opportunities for its operations in Brazil and China, the express delivery company’s interim CEO Bernard Bot said…
US financial services group Citigroup Inc (NYSE:C) is looking to divest the Credicard consumer finance unit of its Brazilian business as part of a plan to…
UK security solutions group G4S Plc (LON:GFS) said on Tuesday its Brazilian unit SSE DO Brasil Ltda had taken over local peer Vanguarda Seguranca e Vigilancia…
US food company General Mills Inc (NYSE:GIS) said it had finalised its deal to acquire Brazilian sector player Yoki Alimentos SA. The definitive purchase agreement was…
British business management software firm Sage Group Plc (LON:SGE) unveiled on Wednesday its entrance into the Brazilian market through the GBP125m (USD197m/EUR155m) acquisition of a 75%…
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