BrOI: Material Events

Telecom is strategic: Brasil Telecom. Click to zoom.
“BrOI”: BrT e Oi/Telemar formalizam reestruturações societárias: “BrT and Oi/Telemar formalize restructuring plans.”
Convergência Digital is the first to note the first public signs of progress toward the Brasil Telecom-Oi merger: A series of Material Events published with the securities regulator minutes before midnight on a pre-holiday Friday.
O feriado [...]

CSN Will Sell Stake in NAMISA

The Brazilian mining sector is the focus of intense activity lately (as you probably know better than I do.)
In a celebrated case, the owner of a family-held iron mine in Minas Gerais recently sold out to Usiminas in a deal that could be worth as much as US$1 billion, or more.
The owners of the mine [...]

JBS: Banking on the Boi Zebu?

“Delay in issuing federal corporate taxpayer ID leads to emergence of black market”
The top story in the Gazeta Mercantil today is a puzzling non sequitur.
São Paulo, 22 de Abril de 2008 – O frigorífico JBS-Friboi, o maior do mundo, desistiu de anunciar na semana passada, em coletiva de imprensa, que possui autorização do Banco Central [...]