OGX agrees to sell natural gas unit stake to private equity firm, E.ON in complex deal
OGX would be parting its 67% stake in OGX Maranhão Petróleo e Gas SA in a multistep deal for BRL344 million or USD156 million.
South/Central America
Joe Biden Administration Sanctions Colombian Maritime Companies Preying on Vulnerable Migrants Seeking to Enter US
The administration of President of Joe Biden has implemented visa restrictions on executives of several Colombian maritime transportation companies accused of exploiting vulnerable migrants seeking to enter the US.
American Businessman Accused of Hiring Hitman to Kill His Wife for Massive Insurance Money Admits Funneling Millions to Lover's Business
An American businessman is currently on trial in Jamaica for allegedly hiring a hitman to kill his wife to collect a massive life insurance payout...
Taiwan Seeks US Funding as Chinese Warplanes Slowly Approach the Country
Taiwan's military engages in talks with the United States over newly allocated funding following reports of Chinese military aircraft breaching the sensitive median line of the Taiwan Strait...
Brazil Judge Opens Inquiry Into Elon Musk for Alleged Obstruction of Justice
A Supreme Court judge in Brazil has launched an investigation into Elon Musk for alleged obstruction of justice...
Latest News
Banco do Brasil obtains syndicated loan
A USD1 billion syndicated loan was formalized by Banco do Brasil with five international lending institutions.
China Construction Bank Corp purchases majority shareholdings in Banco Industrial & Comercial SA
BicBanco's 72% would be acquired by China Construction Bank Corp for BRL1.62 billion.
Crown expands in Spain with Mivisa Envases acquisition
Food packaging company Crown Holdings Inc acquired Spanish food-can maker Mivisa Envases for EUR1.20 billion or USD1.65 billion.
OGX sells stake in unit hours before seeking bankruptcy protection
OGX Petroleo & Gas Participacoes sold the stake it held in its only producing asset shortly before filing for bankruptcy.
CCB nears closing of Bicbanco buyout - source
The source said China Construction Bank Corp's acquisition of BicBanco would be the easiest step in securing a license to expand in Brazil.
Batista divests coal mines to Yildirim
Former billionaire Eike Batista would be selling his coal mines in Colombia to Yildirim Holding for USD 450 million.
OGX to file for bankruptcy after talks with bondholders fail
OGX would be filing for bankruptcy should it not be able to meet interest payments to bondholders amounting to USD44.5 million.
Petrobas nears USD2 billion Peru asset sale to CNPC - report
Petróleo Brasileiro (Petrobas) was reportedly nearing the completion of its Peru-based asset sale to China National Petroleum Corp (CNPC).
Hypermarcas plans share repurchase of global bonds
Hypermarcas would be repurchasing 40% worth of its USD 750 million outstanding global bonds that would expire on in 2021.
