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Arvato Invests in Brazilian Financial Services Provider Intervalor

Arvato Enters Brazilian Financial Services Sector Arvato financial solutions (Bertelsmann) acquired a 40% equity stake in the Brazilian financial services provider Intervalor.   Following the acquisition of the Gotha financial group in 2013 Arvato intends to widen its geographic footprint.   Arvato plans a step by step increase in its financial stake in Intervalor. Intervalor employs 3,000 people in in São Paolo, ... Read More »

Baidu Plans Expansion in Latin America

According to media reports, leading Chinese-language Internet search provider, Baidu, has plans to further expand its business in Latin America following the launch of its search engine in Brazil last year. Baidu has reportedly identified Argentina, Chile or Mexico as possible locations to set up the company’s next Latin American operation. Baidu will also aim to position itself as a ... Read More »

Sinosure Signs Partnership Agreement with Serasa Experian

The China Export and Credit Insurance Corporation (Sinosure) and Brazil’s largest credit report company, Serasa Experian, signed a long-term partnership agreement to collaborate on credit information and support services – the company’s first such agreement with a major Latin America-based company. Sinosure reportedly has partnerships in place with more than 120 credit information companies around the world. Source:  Xinhuanet.com Read More »

Arachnys Launches Brazil Country Audit

A practical guide to Brazil’s data and regulatory landscape As regulators demand greater sophistication from AML and compliance operations, global institutions are having to up-skill their teams and develop strategies to keep on top of developing regulatory and data landscapes. While many companies are able to build diverse teams of country specialists resembling a ‘mini United Nations’ within compliance departments, ... Read More »

Baidu Acquires Peixe Urbano in Brazil

Baidu Inc (BIDU.O) bought control of Brazilian online-discount company Peixe Urbano for an undisclosed sum, the latest step in a push to expand in Latin America’s largest economy that began more than two years ago. Under terms of the transaction Baidu will let Peixe Urbano’s management team, led by co-founder and chief executive officer Julio Vasconcellos, operate autonomously within Baidu’s corporate structure.  Both firms ... Read More »

COUNTRY RISK CLIMATES:  TRENDS TO KEEP AN EYE ON

Belgium – a new government, with a twist; Bolivia – three more years for Morales? Greece – a confidence vote; Kuwait – good growth, moderate unrest; Morocco – growing terrorist threats; Russia – CB efforts to shore up the ruble and rising threats to Western interests; Venezuela – a hefty backdoor devaluation. BRAZIL: President Rousseff will compete in a second-round ... Read More »

Thomson Reuters Acquires Brazil’s Domínio Sistemas

Corporate solutions provider Thomson Reuters announced it has acquired Brazil’s Domínio Sistemas, a company focused on developing accounting solutions. With the acquisition, Thomson Reuters expects to complement its products portfolio while expanding its presence in the local software market for large and small accounting firms. Having localized expertise in this segment is significant, given Brazil’s intricate tax and accounting rules. Santa Catarina-based Domínio ... Read More »

Equifax Acquires Software Company Inffinix

Equifax has acquired Inffinix, a Mexico City-based credit data software company. Inffinix provides collections workflow software on a licensed basis to companies throughout the Latin American region.  The software enables customers’ collection staff to efficiently process, manage and track accounts throughout the entire collections process. Today, Inffinix’s geographic footprint includes customers in Mexico, Brazil, Chile, Peru, Colombia and Costa Rica. ... Read More »

Experian Q3 Revenues Up 7% – Decision Analytics Grew by 16%

Experian issued its third quarter Interim Management Statement (Three months ending December 2013) reporting revenue growth of 5% at actual exchange rates and total growth at constant exchange rates of 7%.  Organic growth at constant exchange rates was 5%. Experian’s growth got significant lift from its Decision Analytics business.  Marketing services were surprisingly sluggish, and Latin America is impacted by ... Read More »

Country Risk Climate: A Challenging Year for Brazil

Plastered across shop windows along São Paulo’s main Paulista Avenue this week is one word: ‘liquidação’ (sale).  Stores in Brazil’s biggest city are offering discounts of up to 90 per cent as they frantically try to clear stock after the worst Christmas in a decade.  Retail sales during the week before Christmas rose 2.7 per cent — the lowest increase ... Read More »

Country Risk Climates: Trends to Keep an Eye On

Brazil – the worst trade result since 2000; Indonesia – external improvements apt to be sustained; Sweden – lowered economic expectations and worries about a housing bubble; Sri Lanka – brushing off IMF advice. CHINA: The CB has succeeded in calming the financial markets, following a flurry of speculation that a cash crunch may be threatening banks and the economy. ... Read More »

TransUnion Announces Acquisition of ZipCode in Brazil

The Deal Enriches Company’s Regional Data Management and Decisioning Offerings TransUnion has signed an agreement to acquire control of ZipCode, one of the largest independent providers of registry information to companies in Brazil’s information management sectors that include credit, fraud prevention and marketing.  The acquisition provides TransUnion with new tools to deliver even more comprehensive data, analytics and decisioning capabilities ... Read More »

Experian’s “Full Brazilian”

Experian’s “Full Brazilian” (Financial Times Headline 23/10/2012) saw shares rise to £10.87, before easing back to £10.71 in line with the FTSE in early trading this morning.  The deal which saw Experian pay $1.5bn for the remaining 30% (29.6% in reality as 0.4% reportedly remains “trapped” inside a company in the process of restructuring) was generally seen as a good ... Read More »

Experian Ramps-Up Ownership Position in SERASA to 99.6%

Experian announced it has entered into a conditional agreement to acquire a further interest in Serasa S.A. (“Serasa”).  Serasa is the market leading credit bureau in Brazil in which Experian already owns a 70% stake. Experian has agreed to acquire a further 29.6% interest to take its holding to 99.6%.  The agreed consideration is R$3.1bn (US$1.5bn) plus a cash adjustment ... Read More »

Acxiom Brazil Wins Top of Business International Award

Acxiom® Corporation (Nasdaq: ACXM) announced that Acxiom Brazil has received the Top of Business International Award 2012.  The award was presented by Revista Top of Business along with Montreal Eventos Internacional and honors organizations and individuals for specific contributions to social and economic development in Brazil and South America that exemplify leadership, innovation and entrepreneurialism. One of Brazil’s leading business ... Read More »