Investiments

Foreign investors behind most Brazil acquisitions in 2015

Fox News Latino/EFE
21/01/2016 20:52
Visualizações: 1903 (0) (0) (0) (0)

Foreign investors were behind the majority of business acquisitions in Brazil in 2015, beating out domestic investors for the first time since 2002, according to a report published Wednesday by the local media.

 

Foreign investors accounted for 51 percent of acquisitions and capital increases last year, up from 38 percent in 2014, according to the report, which was released by PwC's Brazilian unit and published by the daily Folha de S. Paulo.

 

That percentage is expected to rise to 55 percent in 2016.

 

The depreciation of the real against the dollar and the difficulties some sectors are facing amid a severe economic crisis - with gross domestic product (GDP) contracting for three straight quarters and inflation well above the targeted level - have facilitated the arrival of foreign companies and investors.

 

"Foreigners are going to remain interested in Brazil while domestic companies will continue to have financing difficulties," Rogerio Gollo, a senior partner at PwC Brazil, said.

 

The sectors most likely to attract foreign investment in 2016 are information technology, trade, agribusiness and renewable energies, Gollo said.

 

A total of 672 acquisitions of majority or minority stakes in Brazil-based companies took place last year, with foreign investors accounting for more than half of those transactions.

 

A "drastic reduction" in acquisitions by domestic investors has occurred since July amid a worsening political crisis that could even lead to President Dilma Rousseff's impeachment, Gollo said. EFE

Most Read Today
see see
Permanent Offer
Equinor acquires two new blocks in the Campos Basin duri...
23/10/25
OTC Brasil 2025
OTC Brasil 2025 Kicks Off in One Week with a Packed Prog...
22/10/25
Agreement
Wärtsilä Lifecycle agreement renewed to maintain safe, r...
22/10/25
Petrobras
Petrobras receives operating license for deepwater explo...
20/10/25
Equatorial Margin
License Grant for Drilling in the Equatorial Margin Is P...
20/10/25
Equatorial Margin
ABESPetro Statement on the Licensing of the Equatorial M...
20/10/25
Energy Transition
BNDES, Petrobras, and Finep select Valetec to manage the...
20/10/25
Pre-Salt
Petrobras and PPSA sign equalization agreement for Jubar...
20/10/25
WPC Energy Youth Forum
Kuwait to Host 8th WPC Energy Youth Forum in October 2025
20/10/25
Exports
Petrobras signs contract to sell six million barrels of ...
20/10/25
Petrobras
Petrobras puts the Harpia supercomputer into operation
10/10/25
PPSA
PPSA Publishes Notice for the Non-Contracted Areas Auction
10/10/25
ROG.e
IBP Launches the New ROG.e: The World’s Largest Energy F...
10/10/25
Pre-Salt
CNPE Sets Minimum Value of BRL 10.2 Billion for the Unio...
08/10/25
Natural Gas
Petrobras Carries Out First Natural Gas Import from Arge...
08/10/25
Agreement
Seagems renews Wärtsilä Lifecycle Agreement to support t...
07/10/25
Pre-Salt
Petrobras begins contracting for the construction of FPS...
03/10/25
International Company News
Alkhorayef Petroleum Company acquires GRC Technologies, ...
01/10/25
Pre-Salt
FPSO P-78 arrives at the Búzios Field
01/10/25
RD&I
Brazil Has the Capacity to Develop Its Own Technology fo...
01/10/25
Equatorial Margin
Ibama Approves Pre-Operational Assessment (APO) Conducte...
26/09/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.