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Mergers & Acquisitions Grow 84% in Brazil This Year

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.

Anba

Next: In 6 Years, 3 Million Brazilians Left Poverty Behind
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