Cristiane Lucchesi

Banco BTG Pactual SA and Banco Santander Brasil SA are among firms in talks to acquire Julius Baer Group Ltd.’s Brazil unit, according to people familiar with the matter.

Brazil’s Suzano SA is exploring an offer for Clearwater Paper Corp., according to people with knowledge of the matter.

(Bloomberg) -- A more than $12 billion wipeout in the fortunes of Brazil's wealthiest people deepened this week, as a market selloff knocked the currency down to a record low and dragged down some company valuations by more than 60% for the year.

Uma perda de mais de US$ 12 bilhões nas fortunas das pessoas mais ricas do Brasil se aprofundou esta semana, com o real chegando a um recorde de baixa, reduzindo o valor de mercado de empresas em mais de 60% no ano.

A more than $12 billion wipeout in the fortunes of Brazil’s wealthiest people deepened this week, as a market selloff knocked the currency down to a record low and dragged down some company valuations by more than 60% for the year.

Banco BTG Pactual SA, the biggest independent investment bank in Latin America, is close to a deal to acquire Julius Baer Group Ltd.’s Brazil unit, according to a person familiar with the matter.

Fernando Vallada, presidente da unidade brasileira do Julius Baer, deve ficar no BTG Pactual após o banco brasileiro concluir a aquisição do negócio do gestor de fortunas suíço, disse uma pessoa familiarizada com o assunto.

Com a demanda global crescente por data centers para inteligência artificial e computação em nuvem, investidores em infraestrutura do setor privado veem crescer oportunidades na América Latina, citando a disponibilidade de energia renovável e incentivos governamentais.

With demand growing globally for data centers for artificial intelligence and cloud computing, infrastructure investors are betting on Latin America as an opportunity, pointing to its renewable energy resources and government incentives.

Claudia Bollina Mesquita, chefe global de mercado de capitais de renda variável do Bradesco BBI, deixou o banco, disseram pessoas familiarizadas com o assunto.