McDonald's.(REGIONAL)
MCDONALD'S, a U.S. fastfood chain, said it would sell for
US$700 million 1,500 restaurants in Latin America and the Caribbean to
licensee and businessman Woods . . .
Ternium.(REGIONAL)
TERNIUM, a Luxembourg steel company operating across Latin America,
said it would buy for US$1.70 billion Grupo Imsa, a Mexican steel
company. Ternium said it would sell bonds to finance the . . .
Venezuela.
VENEZUELA took control of private oil projects in the Orinoco heavy
crude belt. Most private oil companies, who reportedly have invested
US$17 billion in the projects now estimated to be worth $30 . . .
Anglo American.(PERU)
ANGLO AMERICAN, a global mining company, won a bid to develop
Peru's Michiquillay copper mine. The company offered US$403 million
for the mine amid its . . .
Brunswick.(MEXICO)
BRUNSWICK, a U.S. maker of marine and recreational products, said
it created a marine retail financing program in Mexico to sell more
boats there. The company will run the lending program with . . .
Affinia Group.(MEXICO)
AFFINIA GROUP, a U.S. autoparts maker, said it would build a new
manufacturing plant in the Santa Maria Industrial Park in Coahuila
state, Mexico. Terms were not . . .
Canamex.(MEXICO)
CANAMEX, a Mexican chemical company, bought sulfate assets
controlled by Union Quimica, a Mexican company of the same sector. Terms
were not . . .
Nissan Mexicana.(MEXICO)
NISSAN MEXICANA, the Mexican unit of the Japanese automaker, will
introduce a new sedan in the Mexican market this year. The model, based
on the Renault Logan, will be built at a plant in Curitiba, . . .
Ica.(MEXICO)
ICA, a Mexican construction firm, said a subsidiary received a
US$50 million equity investment from the International Finance
Corporation to develop infrastructure projects across Mexico. . . .
Cemex USA.(MEXICO)
CEMEX USA, the U.S. arm of the Mexican cement maker Cemex,
announced a US$250 million expansion of its Balcones plant near New
Braunfels, Texas, doubling capacity to 2.4 million . . .
The Inter-American Development Bank.(ECUADOR)
THE INTER-AMERICAN DEVELOPMENT BANK, a multilateral lending
institution, approved a US$87.8 million loan to help build a dam that
will serve a hydroelectric power plant in Ecuador. The . . .
Bancolombia.(COLOMBIA)
BANCOLOMBIA, a Colombian financial institution, said it obtained
US$590 million in loans from unnamed foreign financial institutions. The
money will buy back other foreign-currency . . .
Boeing.(COLOMBIA)
BOEING, a U.S. aircraft manufacturer, said Colombian airline
Avianca placed an order for 10 787-model airplanes, a deal worth US$1.50
billion at list price. The purchase is the largest order yet . . .
Companhia Vale Do Rio Doce.(BRAZIL)
COMPANHIA VALE DO RIO DOCE, a Brazilian metals and mining giant,
signed a 25-year shipping contract with Bergesen Worldwide, a global
shipping company. The contract calls for four ships to be . . .
Brazil.(BRAZIL)
BRAZIL broke U.S. pharmaceutical Merck's patent on an AIDS
drub which could allow generic versions to enter the country. Merck said
it hopes the government would . . .
Pioneer Do Brasil.(BRAZIL)
PIONEER DO BRASIL, the Brazilian unit of the Japanese automotive
electronics company, Hill invest US$12.7 million to buy a 14,000
square-meter plant in Manaus, in Amazonas . . .
Rhodia.(BRAZIL)
RHODIA, a Brazilian chemical company, said it would invest US$40.9
million to raise production capacity at a plant in Paulinia, Sao Paulo
state in Brazil, by the end of next . . .
Ambev.(BRAZIL)
AMBEV, a Brazilian brewer, said it would buy for US$150 million two
plants in Brazil from Cervejarias Cintra, a Portuguese brewing company.
Cintra has been present in Brazil for 10 . . .
Grupo Gerdau.(BRAZIL)
GRUPO GERDAU, a Brazilian steel company, said it would buy for
US$259 million Grupo Feld, owner of the Siderurgica Tultitlan, a Mexican
steel company. The purchase would be Gerdau's first Mexican . . .
Embratel.(BRAZIL)
EMBRATEL, a Brazilian telecommunications company, received US$300
million in financing from the Inter-American Development Bank, a
multilateral lending institution. The money will help . . .
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