VCP Awaits Safra’s Move on Aracruz

Aug 7, 2008

Brazil’s pulp industry is a step closer to consolidation following VCP’s announcement Wednesday that it purchased a 28% stake in Aracruz – which is optioned by Safra – from the Lorentzen Group for $1.7bn. Credit Suisse advised Lorentzen while Estater, a Sao Paulo-based boutique,...

To continue reading please take a free trial, subscribe or login below.

Already have an account?


Subscribe now for unlimited access to all current and archive news, data and market analysis. 


Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

LatinFinance Events


Which area will be most profitable for investment banks in LatAm in 2016?