Brazil - February 2014

February 2014
Brazil - February 2014
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In February, the Brazilian transactional market registered 65 deals, both announced and closed, which represents a 25% increase compared with the same period last year. The total investment volume generated was approximately BRL 15bn, taking into account deals with registered values.

This month’s largest deal was the acquisition agreement signed by foreign-based acquirers Trafigura and Mubadala of a 65% stake in MMX Porto Sudeste, a subsidiary of MMX. The deal value was USD 400m, plus debt assumption valued at BRL 1,30bn.

The internet subsector was the most active, with 13 deals registered, and followed by the technology subsector with eight deals recorded. The transport, aviation and logistics subsector attracted most of the foreign investment, from countries such as France, The Netherlands, the United Arab Emirates, with a number of acquisitions in Brazil.

In February, the private equity segment was more dynamic than in the previous month, with seven deals registered, which generated approximately BRL 5,00 bn. On the other hand, a total of 11 deals were carried out by venture capital firms, generating approximately BRL 133m, taking into account deals with registered values.

There were no registered IPO’s in the Brazilian capital markets segment. In 2013, there were ten IPO’s recorded, which generated BRL 17bn.

Embratel Participações carried out a capital increase of BRL 1,11bn, issuing 124.537.596.604 new shares, of which 64.548.682.906 common shares and 59.988.913.698 preferred shares.

 

Sponsored by:
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Deal of the month- February 2014

Brasil PCH

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