Publications
Brazil - May 2014
May 2014
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In May, the Brazilian transactional market registered a 27,9% increase in the number of deals, both announced and closed, compared with the previous month. However, there was a 16,6% decrease compared with the same period last year. The investment volume generated was approximately BRL 27,50bn compared with BRL 9,50bn generated in the same period in 2013, taking into account deals with disclosed values.
US-based companies were the most acquisitive in Brazil this month, with 6 acquisitions recorded and mainly in the Internet and the distribution and retail subsectors. In addition to the United States, companies from Germany, the United Kingdom, Japan, Argentina, Chile, Spain, France, Italy and Singapore also made acquisitions in Brazil.
The venture capital segment registered 13 transactions, compared with three in the previous month. In addition, there was a 19% increase in the number of deals compared with the same period last year. The Internet subsector continues the trend set in previous months for being the most attractive for foreign and national investors.
Highlights, in the Brazilian capital markets, include JBS Foods request submitted to the securities commission (Comissão de Valores Mobiliários - CVM) to carry out an initial public offering (IPO) with primary and secondary shares. JBS Foods is the result of a merger between JBS Aves and Seara Brasil, which was acquired last year and previously held by Marfrig.
The deal of the month was the acquisition made by Kinea Investimentos, a subsidiary of Banco Itaú Unibanco, of a 25% stake in Lojas Avenida, through a BRL 250m investment.
Sponsored by:
Lojas Avenida - Retailer of clothing, footwear and houseware.
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