Tag Archives: finance
Brazilian Firm Buys Out Burger King Posted by Rachel on Sep 3, 2010
Hot off the presses! Today, 3G Capital, a Brazilian private equity firm, bought out Burger King for several billion dollars. 3G is backed by several Brazilian businessmen, including billionaire Jorge Paulo Lemann and his partners Marcel Telles and Carlos Alberto Sicupira. The company already has major or partial stakes in Anheuser-Busch InBev, one of the…
Listening Comprehension – Politics Meets Finance Posted by polyana on Apr 26, 2010
This year is a presidential election year in Brazil, and I’ve been playing around with this tool that the brokerage firm Souza Barros put together, called BOVAP (Bolsa de Valores Políticos) to help Brazilians learn more about their politicians. Watch the video below to see how it works and then try to answer some of…
Major Brazilian Bank Merger Posted by Rachel on Nov 5, 2008
This week, two Brazilian banks announced a major merge between Unibanco and Itau, which would form the largest private-sector bank in the Americas with combined assets of nearly US$262 billion and a market value of US$41.3 billion. The goal of the merger is to create stability in an uncertain financial environment and for the new…