The German #E.ON expanding to #Brazil
European companies prefer to invest in Brazil at the moment. With the economic crisis in Europe, some companies are deciding to expand their presence in the Brazilian market. E.ON, largest publicly traded German utility, will invest $10 billion to buy MPX, power and mining company controlled by billionaire Eike Batista.
The news come from two Brazil-based executives with knowledge of the investment on condition of anonymity. The deal also consists in an additional 18 billion reais (Brazilian currency) to build coal-fired and natural gas-fired power plants in Brazil. Check more details here.
Well, economy has to benefit every country all over to world. Brazil is at the hot spot now, and everyone knows it. Do you know why? When will it last until? Where is the country going to?
Infrastructure will be one of the investment opportunities that will be discussed and analyzed at the Brasil Investment Summit 2012.
Learn the key trends about Brazil’s infrastructure bottleneck through a panel session with experts from Eletrobrás, Metrô Rio, Darby Overseas Investments, Infraero, OHL Brasil e Bradesco Asset Management.
Check the agenda here.
Capitalize on the expansion of Brazil’s market and benefit from shared networking with investors. Register now.