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12/19/14 Advent buys control of wholesale tech firm in 4th Brazil deal this year

U.S. buyout firm Advent International Corp bought control of Brazilian wholesale technology products distributor Allied SA from rival One Equity Partners LLC on Thursday, on a bet that sales of mobile devices and videogame...

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12/19/14 Brazil pension contributions back to double-digit growth

Brazilian open private pension contributions expanded 10.4% year-on-year to 64.2bn reais (US$24.2bn) in January-October this year, said private pension association FenaPrevi. This compares to 4.65% growth in contributions to 73....

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12/18/14 Coffee hit by higher Brazil forecasts

Coffee prices were hit after Brazilian 2015 production forecasts from Volcafe, the Swiss trader, which were at the higher end of the range and added to the bearishness surrounding the market. “Upon completion of an extensive crop...

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12/17/14 Brazil's Natura, The Largest Cosmetics Maker In Latin America, Becomes a B Corp

Brazil’s top cosmetics company, Natura Cosmeticos S.A., whose competitive differential is the development of products based on the biodiversity of the Brazilian flora, has recently obtained a ‘Benefit Corporation’ (B Corp)...

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12/17/14 Tycoon Diniz in talks to buy part of Carrefour's Brazil unit

Brazilian tycoon Abilio Diniz is in talks with Carrefour SA about buying a stake in the French retailer's Brazilian unit, a source with direct knowledge of the situation said on Wednesday. According to the source, who requested...

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12/16/14 Brazil approves use of sugarcane jet fuel

Sugarcane feedstock will comprise up to 10% of Brazilian jet fuel under a landmark law approved by local hydrocarbons regulator ANP. Biotechnology firm Amyris said Tuesday it had received approval to begin using farnesene in...

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12/15/14 Oi CEO Says Company Better Positioned for Brazilian Consolidation

Brazilian phone company Oi SA is in a better position to take part in an expected consolidation in the country’s telecommunications industry after selling assets and posting improved financial numbers, Chief Executive Bayard...

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12/12/14 Brazil's CSN, partners see new venture done by end-2015

Cia Siderurgica Nacional SA (CSNA3.SA), Brazil's largest diversified steelmaker, and a group of Asian partners agreed on Friday to move forward with a merger of their mining and logistics assets that will be completed next year....

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12/11/14 Enel secures Brazil wind loan

Enel Green Power secured a 260mn-real (US$100mn) loan from Brazilian lender Itaú Unibanco to bankroll wind farms in the country's northeast. The 10-year financing deal was brokered by the International Finance Corporation (IFC),...

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12/11/14 Weg Evaluating Partners, Technology Deal for Brazil Solar Plant

Weg SA, the only Brazilian supplier of wind turbines, is seeking to build a solar panel plant in the country. Weg is evaluating two options -- forming a joint venture with an international manufacturer or buying solar technology...

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12/11/14 Brazil's battle for the nation's billion dollar smile

After all, showering twice a day is standard and even the most basic restaurant usually has an outside sink with soap and paper towels so you can wash your hands before you eat your lunch. But I did get a shock when I used a cafe...

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12/10/14 Brazil Soybean Output to Top Forecasts as Rains Return

Soybean output in Brazil, the world’s top exporter, is poised to top previous expectations on increased planting and regular rains after an early-season drought, the government forecaster said. Growers may reap a record 95.8...

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12/10/14 Mitsui to Buy Into Some Vale Operations in Mozambique

Japan’s Mitsui & Co. said on Tuesday that it will acquire a stake in Mozambique coal and logistics projects from Brazilian mining giant Vale SA, as the latter company struggles to finance a large investment budget, amid low...

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12/09/14 FIPPPA - Animal Protein Production and Processing International Fair - April 28, 2015

The first edition of FIPPPA - Animal Protein Production and Processing International Fair, dedicated to the protein production and processing market (poultry, pork, beef and dairy production), will be held in Curitiba, Paraná...

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12/09/14 Atico Seeks Partners for $345 Mln Brazil Biomass Project

Grupo Atico, the Rio de Janeiro-based investment firm, is seeking partners for a 900 million-real ($345 million) project to produce power from eucalyptus trees in northeastern Brazil. Atico is investing 650 million reais in a...

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12/09/14 Board of Brazil's Oi approves sale of Portugal assets to Altice

The board of Brazilian telecommunications company Grupo Oi SA on Monday approved the sale of its Portuguese assets to France's Altice SA for 7.4 billion euros ($9.1 billion). Lisbon-listed holding company Portugal Telecom SGPS SA...

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12/08/14 Brazil Is the Country to Watch for Mobile Payments

For the last decade, year-on-year the payments industry has predicted the shift of mobile payments to the mainstream. The fact that the uptake of mobile financial services is finally experiencing a global surge is no longer under...

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12/04/14 Brazil Firm Raises $309 Million for Education-Focused Fund

The Brazilian investment firm Bozano Investimentos has raised a new 800 million reais (about $309 million) private equity fund focused on the education sector, in another indication that some investors are looking beyond the...

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12/04/14 Brazil IT services grow 8.7% despite economic challenges

The Brazilian IT services industry grew 8.7% from July 2013 to June 2014 compared with the previous 12 months, according to tech consultancy IDC Brasil. Monetary figures were not released by IDC. In full 2013, the services...

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12/03/14 Welcome To Brazil: The Effect Of Immigration On The Country's Economy

With immigration on (or near) the top of everyone’s minds in the U.S. lately, I thought it would be helpful to take a look at immigration’s effect on Brazil. A continuous inflow of highly qualified immigrants is a key factor in...

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