Brazil

JBS delays $1.7 billion food unit IPO amid market slide, sources say

JBS SA, the world's largest meatpacker, has put off a plan to raise 4 billion reais ($1.7 billion) from the initial public offering of its pork, poultry and food-processing operations in Brazil, two sources with direct knowledge of the decision said.

Read Full Article

Vivendi, Telefonica seal $9.3 billion Brazilian broadband deal

French media group Vivendi has finalised an agreement to sell its Brazilian broadband business GVT to Spain's Telefonica for cash and shares worth around 7.2 billion euros ($9.29 billion), the companies announced on Friday.

Read Full Article

Audi expects to sell more than 1.7 mln cars in 2014 - CEO

Premium car maker Audi expects to sell more than 1.7 million cars in 2014 even as sales momentum in some emerging markets slows, Chief Executive Rupert Stadler said.

Read Full Article

Telefonica prevails in battle for Vivendi's Brazil unit GVT

French media company Vivendi (VIV.PA) picked Telefonica (TEF.MC) for exclusive talks over the sale of its Brazilian broadband unit GVT, spurning a rival bid from Telecom Italia (TLIT.MI).

Read Full Article

Brazil telecoms battle heats up as Oi steps in

The battle over Brazil's telecoms market is heating up, with the country's biggest fixed-line firm Oi signaling it may make an offer for Telecom Italia's local mobile business.

Read Full Article

Exclusive: Facebook to expand video ads to seven countries outside U.S.

Facebook Inc is expanding its new video advertisingservice, allowing marketers to show the television-like spots to users of the social network in Britain, Brazil and five other countries, the company told Reuters.

Read Full Article

iZettle dances with $55.5 million Series C round for Latin America and European Expansion

iZettle, Swedish mobile company, pockets $55.5 million in a series C round led by Zouk Capital with other participants such as Dawn Capital, Intel Capital, Creandum, Greylock, Index, Northzone, and SEB.

Read Full Article

Brazilian startup Netshow.me closes seed round to offer online concert service for artists

Sao Paulo, Brazil-based curated web platform Netshow.me closed an undisclosed amount in its seed funding round from Buscape co-founder Rodrigo Borges to offer online concert service for artists and musicians.

Read Full Article

Amadeus picks up $4.5M stake in Brazilian insurance broker Bidu

London, UK-based venture capital firm Amadeus Capital picked up an undisclosed stake in Sao Paulo, Brazil-based online insurance broker Bidu.com for $4.5 million to take advantage of the growth in emerging markets.

Read Full Article

Italian app development platform AppsBuilder bags $1.5M in funding

Milan, Italy-based mobile app development platform AppsBuilder bagged $1.5 million in a funding round from United Ventures to consolidate its businesses in the UK and the US.

Read Full Article

Egyptian mogul Naguib Sawiris eyes a stake in Telecom Italia

Naguib Sawiris has been looking at a potential investment in Telecom Italia, his latest attempt after failing to get hold of stake two years ago, reported Ventures Africa.

Read Full Article

Russian ad platform CityAds nabs $5M investment from Klever Internet

Moscow, Russia-based affiliate marketing and advertisement firm CityAds Media nabbed a $5-million investment from private equity investor Klever Internet Investments in exchange of a minority stake in the ad company.

Read Full Article

Brazil faces 70 percent fall in fundraising from investors over two year period

Because of its worsening economic climate, private equity and venture capital investors have reduced fundraising for Brazil by more than 70% in the past two years, the Financial Times reported.

Read Full Article

Orinoco buys out Troy's stake in Brazil gold mine

Perth, Australia-based gold explorer Orinoco Gold entered an agreement to acquire the 70% stake of gold and silver producer Troy Resources in a gold mine in the Sertao gold mine located in Brazil.

Read Full Article

Apple to sell iPhone 5s at $1,169 in first Latin America store

Apple will be offering a no-contract iPhone 5s for $1,169 when it debuts its first store in Latin America, marking the most expensive price for its iPhones, Bloomberg reported.

Read Full Article
1 2 3 4 5 6 7 8 9 10  

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics