Brazil

Britvic Expands Portfolio With UK, Brazil Acquisitions

Britvic has announced the acquisition of Jimmy’s Iced Coffee, a UK-based ready-to-drink iced coffee brand, as well as the Extra Power energy drink br...

Carrefour Sees Half-Year Like-For-Like Sales Up By Double Digits

French retailer Carrefour has reported a 11.2% increase in first-half sales on a like-for-like basis, with reported sales up 8.2% in the period.

JDE Peet’s To Acquire Maratá’s Coffee & Tea Business In Brazil

JDE Peet’s, the world’s leading pure-play coffee and tea company by revenue, has announced that it has signed an agreement to acquire the Brazi...

Carrefour Brasil Posts 95% Drop In Second-Quarter Net Profit

Carrefour Brasil reported a 95.2% drop in its second-quarter adjusted net profit to reach 29 million reais (€5.52 million), hit by the financial impac...

ADM Profit Tops Estimates On Big Brazilian Harvest, Strong Demand

Archer-Daniels-Midland beat Wall Street expectations for second-quarter profit, as the grain trader and processor benefited from a record Brazilian soybean...

GPA Again Rejects Jaime Gilinski's Bid To Buy 51% Of Éxito

Brazilian retailer GPA said that its its board has rejected a second offer from Colombian billionaire Jaime Gilinski to acquire a 51% stake in its subsidia...

Brazil's JBS Reboots Plans To List Shares In New York

JBS SA has proposed listing its shares in New York, hoping the move will bring its multiples closer to peers and that a broader investor base will giv...

Brazil's BRF Launches Share Offering, Opening Room For Saudi Investment

Brazilian food processor BRF said it has filed for a follow-on share offering that will allow a previously announced investment by Saudi Arabia's SALIC in...