Aeromexico.(MEXICO)
AEROMEXICO, a Mexican airline, placed an order for six Boeing 737
jets for US$327 million. The first delivery is scheduled to . . .
Colombia.(COLOMBIA)
COLOMBIA said it plans to buy back US$4.20 billion in foreign debt
due in 2006 and in 2011, depending on the demand from bondholders. The
government will use cash reserves purchased from the . . .
Amnet Telecommunications.(CENTRAL AMERICA)
AMNET TELECOMMUNICATIONS, a Central American telecommunications
company, chose Cedar Point, a U.S. technology company, to supply it with
multimedia switching technology for its networks in El . . .
Alliant Energy.(BRAZIL)
ALLIANT ENERGY, a U.S. energy company, will sell all of its
Brazilian investments for US$152 million to Sobrapar, a Brazilian
investment firm, and businessman Antonio Jose Carneiro. Alliant will . . .
El Banco Nacional de Desenvolvimento Economico e
Social.(BRAZIL)
EL BANCO NACIONAL DE DESENVOLVIMENTO ECONOMICO E SOCIAL,
Brazil's state-owned development bank will lend Suzano Bahia Sui
Celulose, a Brazilian paper and timber company, US$1.09 billion to
expand a . . .
Nokia.(ECUADOR)
NOKIA, a Finnish manufacturer of telecommunications equipment, said
that Telefonica Moviles Ecuador, an Ecuadoran wireless telecom, awarded
it a contract to install its MSC Server System technology . . .
Sociedad Quimica y Minera de Chile.(CHILE)
SOCIEDAD QUIMICA Y MINERA DE CHILE, a Chilean chemicals company,
bought for US$72 million the Chilean iodine and iodine-derivatives
assets from DSM Group, a Dutch . . .
Embraer.(BRAZIL)
EMBRAER, a Brazilian aircraft manufacturer, said China Eastern
Airlines agreed to buy five of its ERJ 145 LR model airplanes from
Harbin Embraer, a joint venture between Embraer and China . . .
Petrobras.(BRAZIL)
PETROBRAS, Brazil's state-run oil company, plans to buy for
US$370 million a 50% stake in the Pasadena Refinery System, a Texas oil
refinery, from Astra Oil Trading, a U.S. energy . . .
Busy bodies.(PANORAMA)(DaimlerChrysler AG)(JATCO Corp.)(Nissan
Motor Company Ltd.)(Brief article)
The Mexican automobile sector is revving up. Jatco, a Japanese
autoparts manufacturer, opened a US$300 million production facility in
Aguascalientes, Mexico. The new plant will create 700 jobs and . . .
Mexico.(MEXICO)
MEXICO said the Overseas Private Investment Corporation, a U.S.
government agency that fosters foreign investment, plans to raise US$3
billion in investments into Mexico by facilitating 100 U.S. . . .
Sigdo Koppers.(CHILE)
SIGDO KOPPERS, a Chilean holding company, will invest US$50 million
on a packing materials plant in Argentina. The facility will produce
37,500 tons of packaging and lamination plastics a year and . . .
Santander Bancorp.(CARIBBEAN)
SANTANDER BANCORP, a Spanish financial institution, bought for an
undisclosed sum Island Finance, a Puerto Rican consumer-finance lender,
from Wells Fargo, a U.S. financial institution. Island . . .
El Paso.(BRAZIL)
EL PASO, a U.S. natural gas company, agreed to sell for US$190
million a 60% stake in Araucaria, a Brazilian power plant, to Copel, a
Brazilian energy company. Petrobras, Brazil's state-owned . . .
Gran Tierra Energy.(ARGENTINA)
GRAN TIERRA ENERGY, a Canadian energy company, plans to buy for
US$37.8 million oil exploration and production fields in Argentina from
Compania General de Combustibles, an Argentine oil company. . . .
Colombia Telecomunicaciones (Telecom).(COLOMBIA)
COLOMBIA TELECOMUNICACIONES (TELECOM), Colombia's state-owned
telephone company, bought for US$94.4 million control of Barranquilla
Telecomunicaciones, another state-owned phone company. The deal . . .
On Track Innovations.(CENTRAL AMERICA)
ON TRACK INNOVATIONS, a U.S. smart-card manufacturer, said Costa
Rica placed an order for an undisclosed amount of its EasyFuel cards,
which allow for wireless gasoline and oil payments. Financial . . .
Embraer.(BRAZIL)
EMBRAER, a Brazilian aircraft manufacturer, sold two of its Legacy
600 business aircraft, one to Premiair, an Indonesian airline, and the
other to an undisclosed company. The company values the . . .
Petrobas.(BRAZIL)
PETROBRAS, Brazil's staterun energy company, plans to buy for
US$375.5 million control of El Paso Rio Claro and El Paso Rio Grande,
both Brazilian energy . . .
LT events: Latin Trade poll of chief financial officers in Latin
America, January 2006.(INTELLIGENCE)(Brief article)(Statistical
What were the main drivers for your firm's success in reducing costs?
Business process re-engineering 66.7%
Outsourcing/shared services 66.7%
Organization transformation 58.3%
. . .
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