Chile M&A Africa
Chile’s CFR Pharmaceuticals has formally bid ZAR12.6bn ($1.2bn) for South African drug maker Adcock Ingram, and has secured a $600m bridge loan to help, it says. CFR has ...
Chile M&A Equity
Chile’s CFR Pharmaceuticals has approved a $750m equity capital raise, it says. The transaction, done to finance the $1.3bn purchase of South African drugmaker Adcock Ing...
The board of South African drugmaker Adcock Ingram agreed to support a ZAR12.6bn ($1.3bn) billion cash and share offer from Chile's CFR Pharmaceuticals, Adcock says. CFR...
South African drug maker Adcock Ingram has received additional unsolicited bids from potential buyers, it says, but none yet bigger than a $1.3bn takeover offer from Chil...
Economy & Policy Corporate & Sovereign Strategy Africa
As economies boom on both sides of the south Atlantic, the potential for trade and investment between Latin America and Africa has scarcely been so great
Brazil Africa Bonds
South Africa-based Standard Bank is changing its Brazil business model to focus on the country’s dealings with with Africa and China, it says, instead of building up a lo...
Brazil M&A Africa
African gold miner AngloGold Ashanti has agreed to acquire the remaining 50% of the Serra Grande gold project from Canada’s Kinross Gold for $220m cash, it says. Serra Gr...
Brazil Funds Africa
BTG Pactual's private equity arm is preparing a fund of approximately $1bn to invest in Africa, according to a source with knowledge of the plan. The fund is expected to...
Brazilian oil and gas company HRT Participacoes em Petroleo is seeking partners for a farm-out agreement involving its exploration assets in Namibia. HRT aims to sell a 2...
People Corporate & Sovereign Strategy Africa
Standard Bank is said to be close to hiring corporate credit analyst Natalia Corfield. The exact timing is unclear. Corfield left ING in New York in December. Standard ha...
Brazil Asia China
Brazil’s BM&FBovespa has agreed to form an alliance with the Hong Kong, Johannesburg, Moscow, Bombay and Indian National exchanges. Together, these markets represent a co...
Brazilian mining company Vale has terminated its agreement to acquire African copper miner Metorex for $1.13bn, after the latter received a $1.36bn offer from Jinchuan Gr...