ARANCA News Report (www.aranca.com) 
London, Thursday, March 27, 2008 :
............................................................................

Brazilian M&A deals to hit record levels

Mergers and acquisitions (M&A) in the Brazilian market are poised to hit record levels this year, it has been predicted.

The National Investment Banking Association, known locally as Abbid, predicts that the boom will be fuelled by increasing consolidation in the banking, retail and housing sector.

This is expected to result in double-digit growth - with the value of M&A set to surpass the $65 billion of completed deals seen in 2007, the Bloomberg news agency reports.

Francois Legleye, head of Anbid's mergers and acquisitions research division, told reporters in Sao Paolo: "The start of the year was very hot, and it's a prelude of what the remainder of 2008 may be in this industry.

"Brazil does look appealing to many global investors since it remains one of the few big economies with no apparent sign of contagion from the current global credit squeeze."

In 2006, the value of Brazilian M&A deals in 2006 was $56 billion."

Copyright and Disclaimer:
Copyright 2008, Aranca. All Rights Reserved.

These news reports have been compiled from public news sources accessible to Aranca. While Aranca has taken all due care in preparing the reports, it accepts no responsibility or liability for the veracity, authenticity, reliability and accuracy of the information. Further, Aranca is not responsible nor liable for any consequential damages arising on account of your relying on the contents of the news reports

You are permitted to print or download extracts from these pages for your personal non-commercial use only. You may not (whether directly or through the use of any software program) create a database in electronic or structured manual form by regularly or systematically downloading and storing all or any part of the pages from these pages and/or Aranca's site. No part of these articles and features listed herein, may be reproduced or transmitted to or stored in any other web site, nor may any of its pages or part thereof be disseminated in any electronic or non-electronic form, nor included in any public or private electronic retrieval system or service without prior written permission.

Editors/Journalists/Blogs are invited to request republishing/dissemination rights. All requests to republish Aranca material for distribution should be addressed to:


Aranca Syndication Service at syndicate@aranca.com.
Tel: +91.22.4005 2219