Portugal Telecom announced in a statement that it would be merging with Brazilian telecom company Oi.
South/Central America
White House must be careful with wrapping up free trade pact - US firms
US multinational firms said the Obama administration should not rush to finalize its proposed Trans-Pacific Partnership (TPP).
Telecom Italia sees Patuano as new CEO to replace Bernabe
In a company announcement, Telecom Italia SpA Chief Operating Officer Marco Patuano was appointed as interim chief executive due to former Chief Executive Officer Franco Bernabe quitting his post yesterday.
LionGold in discussions to buy Peruvian miner
Peruvian miner IRL confirmed on Friday that the company was in discussions with LionGold Corp for an acquisition transaction, said a Reuters report.
Anima Educacao says USD 158 million IPO set for this month
Educational company Anima Educacao would be undertaking a USD 158 million IPO later this month. Brazil-based educational firm Anima Educacao said it had set an initial public offering later this month.
Latest News
A USD347 million loan package was finalized by Chilean shipping form Compania Sud Americana Vapores to purchase new ships.
Colombia's largest private oil company Pacific Rubiales Energy Corp intended to purchase oil producer and explorer Petrominerales Ltd in a COP COP1.6 billion or USD1.55 billion deal, according to its regulatory filing.
Alfa, the Mexican conglomerate, had laid out plans to conduct an IPO of its food subsidiary Sigma Alimentos.
Foreign ministers of the BRICS nations expressed concerns about cyber snooping reports on individuals, businesses and country leaders.
Avianca Holdings SA Chairman German Efremovich had offered shares of his company to back up loans made for the airline's expansion.
State-backed Petroamazonas had proposed to 31 companies who were willing to partner up with the oil company and aid in boosting oil production.
YPF enters into a shale gas project development agreement with Dow Chemical at the Vaca Muerta formation.
In a bid to comply with the 2010 Brazilian oil law, the government has sought ways to provide assistance for Petrobras to comply with requirements.
GP Investments had filed with regulatory authorities the sale of its owned shares over college operator Estacio Participacoes.
