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French Apax Partners comes to the tropics
Brazilian IT company TIVIT announced that French private equity company Apax Partners acquired 54% of the company’s shares. The total acquisition price for the equity stake will be approximately $890...
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Brazil is selected as the best in corporate governance among emerging markets
A panel of 350 investors selected Brazil as the emerging country with the best corporate governance, in a vote conducted by ICGN (International Corporate Governance Network). Brazil received 71% of the...
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Brazilian millionaires
Brazil has 127k families with net worth above US$1mn, according to Boston Consulting Group research just made public recently. This means that Brazil is 17th in the ranking of countries with the most...
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Electricity consumption in May: Strong Growth
Electricity consumption in May went up 10.5% YoY, according to the Federal energy research bureau (EPE). Industrial segment was the main responsable for this figures. Industrial consumption reached...
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Tourism in Brazil grows more then country’s GDP
Between 2003 and 2007, revenues generated by tourism grew more than the economy as awhole. During the period, tourism rose 22%, while Brazilian GDP grew 19.3%. The highlights were service sand highway...
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More Brazilian milionaires
In June, the Boston Consulting Group report announced that Brazil had over 127 thousand millionaires. The last data from ANBIMA shows that it has gone up again. This week the Brazilian Association of...
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Stocks in Brazil – December Outlook compromised by concerns in Europe
Concerns about Europe should affect stock market performance in Brazil this month. That is what we learn from the reports of Banif and Bradesco Corretora. Companies with greater exposure to domestic...
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