June 30, 2020 |
Blue chip companies and investors are beginning to explore potential acquisition targets in Brazil, but heightened country risk and lingering uncertainty are making many reluctant to pull the trigger, said Otavio Vasconcelos de Azevedo, M&A Executive Director at BTG Pactual in São Paulo.
After a second quarter that saw investors suspend or cancel acquisitions to preserve liquidity as the coronavirus shuttered swathes of the Brazilian economy, some are now dusting off their investment plans and tentatively returning to the market to explore the potential targets on offer.
BTG was recently approached by several Asian and European players pursuing large transactions in the energy and infras
Interview with Otavio Vasconcelos de Azevedo, M&A Executive Director, BTG Pactual