Administrative Council for Economic Defense

Excelerate Energy Reports Strong Third Quarter 2023 Results; Raises Full Year Adjusted EBITDA Guidance

Retrieved on: 
Wednesday, November 8, 2023

Net Income and Adjusted EBITDA increased sequentially from last quarter primarily due to higher margins earned on gas sales contracts in Brazil, lower vessel operating expenses, and inflation index adjustments on certain contracts.

Key Points: 
  • Net Income and Adjusted EBITDA increased sequentially from last quarter primarily due to higher margins earned on gas sales contracts in Brazil, lower vessel operating expenses, and inflation index adjustments on certain contracts.
  • In October 2023, Excelerate signed a 10-year Time Charter Party agreement with Petrobras for the FSRU Sequoia.
  • In November 2023, Excelerate signed a long-term LNG sale and purchase agreement with Petrobangla.
  • The Company now expects Adjusted EBITDA to range between $340 million and $350 million.

EQS-News: Hapag-Lloyd and Norsul to launch new joint venture company for cabotage business in Brazil

Retrieved on: 
Thursday, October 26, 2023

Customers will be offered independent, integrated container transport services

Key Points: 
  • Customers will be offered independent, integrated container transport services
    Hapag-Lloyd and the Brazilian shipping and waterway logistics company Norsul have set up a new joint venture called “Norcoast”.
  • Based on a 50-50 partnership, Norcoast envisages to start offering container cabotage and feeder services in Brazilian ports in Q1 2024.
  • Norcoast will be an independent company in the sector, leveraging the strength of both parent companies.
  • “The creation of Norcoast is an important milestone while it combines the expertise of Hapag-Lloyd and Norsul.

Sodexo announces a strategic partnership between Pluxee and Santander in Brazil

Retrieved on: 
Tuesday, July 25, 2023

Pluxee (Sodexo Benefits & Rewards Services) and Santander Brazil, one of the largest private banks in the country, announce a strategic partnership to reinforce Pluxee’s market leadership in Brazil combining 145,000 clients, 6.5 million consumers and a network of over 750,000 merchants.

Key Points: 
  • Pluxee (Sodexo Benefits & Rewards Services) and Santander Brazil, one of the largest private banks in the country, announce a strategic partnership to reinforce Pluxee’s market leadership in Brazil combining 145,000 clients, 6.5 million consumers and a network of over 750,000 merchants.
  • In addition to the exclusive distribution agreement, Santander is also contributing Ben its existing Employee Benefits activity in Brazil.
  • I look forward to its success for both Pluxee and Santander’’, said Aurélien Sonet, CEO of Pluxee.
  • As part of this partnership, Santander will hold 20% into Pluxee Brazil.

Henry Schein Signs Definitive Agreement to Acquire S.I.N. Implant System

Retrieved on: 
Thursday, May 4, 2023

Henry Schein, Inc. (Nasdaq: HSIC), the world's largest provider of health care products and services to office-based dental and medical practitioners, announced an agreement to acquire S.I.N.

Key Points: 
  • Henry Schein, Inc. (Nasdaq: HSIC), the world's largest provider of health care products and services to office-based dental and medical practitioners, announced an agreement to acquire S.I.N.
  • Henry Schein has served dental practitioners in Brazil since 2014, and the acquisition of S.I.N.
  • Henry Schein will acquire S.I.N.
  • Implant System team to Henry Schein.”

Cubico Sustainable Investments acquires 1 GW solar development project in Brazil from ZEG

Retrieved on: 
Tuesday, January 17, 2023

LONDON, Jan. 17, 2023 /PRNewswire/ -- Cubico Sustainable Investments (Cubico), one of the world's largest privately-owned renewable energy companies, has acquired Project Sobral, a 1 GW solar PV project under development in Brazil, from ZEG Energias Renováveis (ZEG).

Key Points: 
  • LONDON, Jan. 17, 2023 /PRNewswire/ -- Cubico Sustainable Investments (Cubico), one of the world's largest privately-owned renewable energy companies, has acquired Project Sobral, a 1 GW solar PV project under development in Brazil, from ZEG Energias Renováveis (ZEG).
  • The transaction comprises a large solar PV complex located in the municipalities of Sobral and Santana do Acaraú in the state of Ceará.
  • Project Sobral, one of the largest solar development projects in the country, is expected to generate more than 2,000 GWh per year, enough energy to power approximately a million Brazilian homes.
  • Cubico and ZEG will co-develop the project, including the negotiation of supply contracts and offtake agreements with third parties.

Vitru Limited Received Final Antitrust Clearance for the Investment by Crescera

Retrieved on: 
Tuesday, November 8, 2022

The closing of Cresceras investment in Vitru is expected to take place in the fourth quarter of 2022, subject to customary closing conditions.

Key Points: 
  • The closing of Cresceras investment in Vitru is expected to take place in the fourth quarter of 2022, subject to customary closing conditions.
  • Pursuant to the Investment Agreement, Crescera has agreed to subscribe for 3,636,363 new common shares to be issued by Vitru for a total consideration of R$300 million, equivalent to US$58.3 million based on the applicable exchange rate pursuant to the Investment Agreement, or approximately US$16.02 per common share.
  • Vitru is the leading pure distance learning education group in the postsecondary distance learning market in Brazil.
  • Through its invested companies, Vitru provides a complete pedagogical ecosystem focused on hybrid distance learningexperience for undergraduates and continuing education students.

Elea Digital to develop data center in Porto Alegre

Retrieved on: 
Friday, October 28, 2022

RIO DE JANEIRO , Oct. 28, 2022 /PRNewswire/ -- Elea Digital and TIM (TIMS3) announced today signing a purchase and sale agreement of a real estate owned by TIM, located in the technology and innovation hub of Porto Alegre's downtown, in Rio Grande do Sul, in which Elea Digital plans to develop the largest data center in the South of Brazil.

Key Points: 
  • RIO DE JANEIRO, Oct. 28, 2022 /PRNewswire/ --Elea Digital and TIM (TIMS3) announced today signing a purchase and sale agreement of a real estate owned by TIM, located in the technology and innovation hub of Porto Alegre'sdowntown, in Rio Grande do Sul, in which Elea Digital plans to develop the largest data center in the South of Brazil.
  • With this new acquisition, Elea Digital asserts its position in the southern region of Brazil and aims to contribute to solving the lack of digital infrastructure in this geographic area.
  • With the mark of seven data centers in its ecosystem, this is Elea Digital's second site (POA2) in the city of Porto Alegre.
  • Through the transaction with TIM - that will maintain a long termcolocation contract with the newly established venture -, Elea Digital plans to develop and expand the asset, which is currently four thousand sqm, with5MVA of power.

Elea Digital to develop data center in Porto Alegre

Retrieved on: 
Friday, October 28, 2022

RIO DE JANEIRO, Oct. 28, 2022 /PRNewswire/ -- Elea Digital and TIM (TIMS3) announced today signing a purchase and sale agreement of a real estate owned by TIM, located in the technology and innovation hub of Porto Alegre's downtown, in Rio Grande do Sul, in which Elea Digital plans to develop the largest data center in the South of Brazil.

Key Points: 
  • RIO DE JANEIRO, Oct. 28, 2022 /PRNewswire/ --Elea Digital and TIM (TIMS3) announced today signing a purchase and sale agreement of a real estate owned by TIM, located in the technology and innovation hub of Porto Alegre'sdowntown, in Rio Grande do Sul, in which Elea Digital plans to develop the largest data center in the South of Brazil.
  • With this new acquisition, Elea Digital asserts its position in the southern region of Brazil and aims to contribute to solving the lack of digital infrastructure in this geographic area.
  • With the mark of seven data centers in its ecosystem, this is Elea Digital's second site (POA2) in the city of Porto Alegre.
  • Through the transaction with TIM - that will maintain a long termcolocation contract with the newly established venture -, Elea Digital plans to develop and expand the asset, which is currently four thousand sqm, with5MVA of power.

Vitru Limited Received Antitrust Approval for its Investment Agreement with Crescera

Retrieved on: 
Monday, October 24, 2022

FLORIANPOLIS, Brazil, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Vitru Limited, or Vitru (Nasdaq: VTRU), announced today that the General Superintendence of CADE (Administrative Council for Economic Defense Brazilian antitrust authority) has approved, without any restrictions, the investment agreement with Crescera Growth Capital Master V Fundo de Investimento em Participaes Multiestratgia and Crescera Growth Capital V Coinvestimento III Fundo de Investimento em Participaes Multiestratgia (Crescera and Investment Agreement, respectively).

Key Points: 
  • FLORIANPOLIS, Brazil, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Vitru Limited, or Vitru (Nasdaq: VTRU), announced today that the General Superintendence of CADE (Administrative Council for Economic Defense Brazilian antitrust authority) has approved, without any restrictions, the investment agreement with Crescera Growth Capital Master V Fundo de Investimento em Participaes Multiestratgia and Crescera Growth Capital V Coinvestimento III Fundo de Investimento em Participaes Multiestratgia (Crescera and Investment Agreement, respectively).
  • The Closing of the referred transaction is still subject to the fulfillment of other conditions precedent, determined upon the execution of the Investment Agreement and is expected in the fourth quarter of 2022.
  • approximately the same US$ price to be paid by Crescera for the common shares it is acquiring pursuant to its investment.
  • Through its invested companies, Vitru provides a complete pedagogical ecosystem focused on hybrid distance learningexperience for undergraduates and continuing education students.

Nutrien to Acquire Brazilian Ag Retailer Casa do Adubo

Retrieved on: 
Wednesday, July 20, 2022

Nutrien Ltd. (TSX and NYSE: NTR) announced today that it has entered into an agreement to acquire Brazilian company Casa do Adubo S.A. (Casa do Adubo).

Key Points: 
  • Nutrien Ltd. (TSX and NYSE: NTR) announced today that it has entered into an agreement to acquire Brazilian company Casa do Adubo S.A. (Casa do Adubo).
  • The acquisition of Casa do Adubo is expected to result in additional run-rate sales of approximately US$400 million, increasing total Nutrien Ag Solutions annual sales in Latin America to approximately US$2.2 billion.
  • Upon completion of the acquisition of Casa do Adubo, Nutrien expects to surpass its stated target of US$100 million of adjusted EBITDA in Brazil by 2023.
  • We expect that integrating Casa do Adubo will further enhance our ability to provide whole-acre solutions for all customers in the region while delivering quality earnings in this large and growing market.