Peter Frontini

São Paulo

Breaking News Reporter at Bloomberg News

breaking news editor at @Business

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Articles

NYSE to Begin Delisting Proceedings Against Azul

4 weeks ago | news.bloomberglaw.com | Peter Frontini

New York Stock Exchange has started the proceedings to delist American Depositary Shares (ADSs) of Brazilian airline Azul, it said in a statement.
Chevron Terminates Contracts, To Keep Staff in Venezuela: Rtrs

1 month ago | news.bloomberglaw.com | Peter Frontini

Chevron has terminated its contracts in Venezuela, leaving the governance of its joint venture to its partner, the state-controlled PDVSA, according to a Reuters report citing four sources close to the matter.
Tanure’s Braskem Bid Doesn’t Include Tender Offer: Valor

1 month ago | news.bloomberglaw.com | Peter Frontini

The offer made by Brazilian investor Nelson Tanure to acquire part of Novonor’s stake in Braskem does not include a tender offer for minority shareholders, according to a report from local newspaper Valor Economico citing sources close to the talks.
Novonor, Tanure in Exclusive Talks for Brazil’s Braskem

1 month ago | news.bloombergtax.com | Peter Frontini

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Novonor, Tanure in Exclusive Talks for Brazil’s Braskem

1 month ago | news.bloomberglaw.com | Peter Frontini

Novonor, which owns a majority stake in Braskem, confirmed that it is in exclusive talks with local investor Nelson Tanure to sell its shares in the Brazilian petrochemical producer, according to a Braskem securities filing.
Visma Makes Offer for Brazilian Fintech Conta Azul: Valor

1 month ago | news.bloomberglaw.com | Peter Frontini

Norwegian software company made an offer to acquire Brazilian fintech Conta Azul for between 1.5 billion reais and 2 billion reais, local newspaper Valor Economico reported citing anonymous sources.
Banco do Brasil Rout Sheds $3.7 Billion as Guidance Pulled

1 month ago | bloomberg.com | Leda Alvim |Peter Frontini

A Banco do Brasil branch in Rio de Janeiro, Brazil, on Thursday, May 4, 2023. Banco do Brasil SA is expected to release earning figures on May 10. Photographer: Lucas Landau/Bloomberg(Bloomberg) -- Banco do Brasil SA shed 21 billion reais ($3.7 billion) in market value Friday in its worst session in five years after the Brazilian lender put parts of its 2025 forecast under review and reported rising delinquency rates on agricultural loans that took a bite out of first-quarter profit.
Unigel Approves Deal With Petrobras on Fertilizer Plants: Rtrs

1 month ago | news.bloombergtax.com | Peter Frontini

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Unigel Approves Deal With Petrobras on Fertilizer Plants: Rtrs

1 month ago | news.bloomberglaw.com | Peter Frontini

Board of Unigel approved an agreement to settle disputes with Petrobras, which would allow it to work on resuming operations of two fertilizer plants, according to Reuters citing two sources familiar with the matter.
GPA Files Arbitration Request Against Casino Over Tax Payments

1 month ago | news.bloombergtax.com | Peter Frontini

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.