Megadeal puts Brazil back on M&A bankers’ radar

Megadeal puts Brazil back on M&A bankers’ radar

Chamber Articles Category: Agribusiness Post Date: 04/06/18 Source: Financial Times By: Joe Leahy
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At a ceremony last month to announce the Brazilian mega-takeover by Suzano Papel e Celulose of Fibria Celulose to create the world’s biggest producer of market pulp, the raw material for paper, executives reached for superlatives.

“This will be the biggest Brazilian company in agribusiness,” said Walter Schalka, the chief executive officer of Suzano — an achievement in a country that is a world leader in agricultural goods ranging from sugar to coffee beans.

But the $14.5bn deal between the two Brazilian companies was significant for another reason — it put Latin America’s largest economy firmly back on the radar of the global international mergers and acquisitions market.
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