• Categories
  • Archives

Mergers & Acquisitions Grow 84% in Brazil This Year

Brazilian industry Brazil had a turnover of US$ 57.15 billion in mergers and acquisitions between companies in the first seven months of this year. According to consultancy company Thomson Reuters Markets, there was growth of 83.9% over the same period last year.

This information was disclosed by a spokesperson for the International Business Nucleus at Trevisan Consultancy Company. From January to July this year, Brazil has already reached a similar value in mergers and acquisitions as the country had received last year, when US$ 59 billion came in.

According to the consultant at the International Relations course at Trevisan Business School, Olavo Henrique Furtado, the growth was expected. "However, it is growth that has limits. The question that must be asked now is until when can this growth tendency last," he said, in a press statement.

A study published in the first half of this year by international consultancy Grant Thornton showed that 64% of untraded Brazilian companies plan to grow through mergers and acquisitions over the next three years. This percentage is greater than the world average, which is 44%, according to the study.

A large part of the foreign investment that reaches Brazil – and also Latin America – goes to mergers and acquisitions. According to a report by the Economic Commission for Latin America and the Caribbean (Eclac), an organization connected to the United Nations, the investment in Latin America reached US$ 106 billion last year, with mergers and acquisition playing an important part in the process.



  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


You May Also Like

Renewable Sources Account for Close to Half of Brazil’s Energy Supply

The share of renewable sources in domestic energy supplies rose to 44.5% in 2005, ...

Brazilian Government Promotes Encounter to Deal with the Homeless

Besides not having a place to live, violence, lack of access to educational services, ...

Brazil Calls EU’s New Immigration Pact Violation of Human Rights

The Brazilian government is telling the world that the recent decision by EU's Justice ...


After three years of success with inflation brought to its lowest level in 40 ...

Brazil Runs No Risk of Smallpox Epidemic, Authorities Say

Brazil is not running the risk of a smallpox epidemic, according to Jarbas Barbosa, ...

Pope Benedict XVI Sets Up Trip to Brazil

Pope Benedict XVI plans to visit Brazil in 2007 to take part in the ...

Brazil’s Quandary: To Open or Not Dictatorship Archives

Brazil’s president of the Chamber of Deputies, João Paulo Cunha affirmed today that the ...

All Guarani Indians Want Is that Brazil’s Justice Minister Abides by the Law

The Campaign for the Demarcation of Brazil’s Morro dos Cavalos Indigenous Land was launched ...

Judiciary Pointed as Main Obstacle to Agrarian Reform in Brazil

Brazil’s federal government and Brazilian social organizations initiated debates today on the proposals the ...

Brazil New-Found Oil Will Fund Education and Anti-Poverty Programs

The president of Brazil, Luiz Inácio Lula da Silva, announced today, August 31st, a ...