Friday, May 27, 2011

Brazil M&A activity drops in first quarter - new international expansion opportunity

By Rogerio Jelmayer

SAO PAULO (MarketWatch) -- Mergers and acquisitions in Brazil dropped in the first quarter due to economic slowdown and high comparison basis, the Brazilian Association of Financial and Capital Market Institutions, or Anbima, said late Thursday.

The current slowdown in Brazil is an opportunity for companies expanding internationally. While the locals are afraid, the outsider can spot opportunities and establish a beachhead without running into as much competition.

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