Role of Technology in 2018 and the First Brazilian “Unicorn”

A report published by KPMG indicated that internet and information technology were the leading economic sectors of M&A transactions by volume in 2017, representing approximately 23% of all the M&A transactions in Brazil. Internet companies were targets in 104 transactions, while entities belonging to the IT industry were parties to 88 deals in 2017. Those sectors surpassed traditional industries in Brazil such as food, beverage and oil & gas.

China’s Fosun buys into Brazilian wealth manager

Laura Mendes | Latin Lawyer |  20 March 2018 Paul Hastings LLP in São Paulo and Shanghai and Costa e Tavares Paes Advogados in São Paulo have advised China’s largest privately-owned conglomerate on its acquisition of a stake in Brazilian wealth manager and institutional brokerage, Guide Investimentos for up to US$88 million. Fosun Group bought […]

Companies – Annual Approval of the Accounts

In accordance with the Brazilian corporate law, an annual partners meeting shall be held within four months following the end of the fiscal year with the following main purposes: (i) approval of the management accounts; (ii) discussion and approval of the balance sheet and the financial statement; and (iii) designation of the members of the […]

One company, one master

By protecting a company, as required by law, an officer will end up harming the other company.

CTP provides legal advice to dnata in the acquisition of most shares of RM Ground Services

Costa e Tavares Paes has provided legal advice to the airport services company dnata, a business unity of the Emirates Group, in the acquisition of most shares of RM Ground Services, a Brazilian company of ground handling services that operates in 12 airports in the country. RM Ground Services, created in 2004, has 2,100 employees […]