DUBAI: EDGE, a premier advanced technology and defense group, has announced the acquisition of a 51% stake in CONDOR Non-Lethal Technologies, a Brazilian leader in non-lethal solutions. This strategic purchase positions EDGE at the forefront of the global non-lethal technologies (NLT) sector, enhancing its capabilities and setting the stage for international expansion, particularly into the…
All posts tagged Brazil
Brazil Leads the Way in Adopting Global Standards for Sustainability and ESG
Brazil is a country that is not only rich in natural resources, but also in its commitment to sustainability and environmental, social and governance (ESG) practices. According to a recent report by Information Services Group (ISG), a leading global technology research and advisory firm, Brazil is demonstrating leadership and innovation in its sustainability and ESG…
Edenred acquires RB, a leading platform for employee transport benefits in Brazil
PARIS: Edenred, a global leader in digital services and payments, has announced the acquisition of RB, a Brazilian company that specializes in employee transport benefits. The deal will enhance Edenred’s offerings in the Brazilian benefits market, especially in the SME segment, and generate significant synergies. RB, founded in 1999, manages and issues transport cards and…
Anglo American and Vale join forces to boost Minas-Rio iron ore mine
LONDON, UK: Anglo American plc, a global mining company, has announced a deal with Vale SA, the world’s largest iron ore producer, to acquire and integrate a massive iron ore resource adjacent to its Minas-Rio mine in Brazil. The deal, valued at US$157.5 million, will give Vale a 15% stake in the enlarged Minas-Rio, which…
Russia ships first oil cargo to Brazil amid Western sanctions
Russia has found a new market for its crude oil in Brazil, after facing difficulties in selling its fossil fuels to Western countries due to sanctions and price caps. According to Oilprice, the first shipment of 650,000 barrels of Varandey crude oil, a light and sweet blend, left the Murmansk port on an Aframax tanker…
Harvest Minerals acquires advanced stage phosphate project in Brazil
LONDON, UK: Harvest Minerals Limited has entered into a binding share purchase agreement to acquire the entire issued share capital of BF Mineração Ltda for a total consideration of $800,000 payable in cash and new Harvest shares over a period of time. BF Mineração owns the advanced Miriri Phosphate Project in the State of Pernambuco,…
Mobile Streams and Quanta launching LiveScores service in Brazil
LONDON, UK: Mobile Streams plc, the mobile content and data intelligence company, announced that in partnership with Quanta Media Group, it will be launching its LiveScores service in Brazil. The service will go live in early November. Income is anticipated to be generated for MOS through affiliate revenue share with Quanta. Affiliate revenue occurs when…
Nordic Unmanned signs MOU with OMNI Taxi Aereo
OSLO, NORWAY: Nordic Unmanned has signed a Memorandum of Understanding (MOU) with OMNI Taxi Aereo (OTA), a leading Brazilian air transport operator providing aeromedical assistance, offshore, and fixed wing charter services. Their largest segment is oil and gas clients, and their customer list includes names like Petrobras, Total, Repsol and ExxonMobil. Knut Roar Wiig, CEO…
VH Global to fund construction of 75MW distributed solar generation projects in Brazil
LONDON, UK: VH Global Sustainable Energy Opportunities plc announced a $63 million commitment to fund the construction of 18 remote distributed solar generation projects across ten Brazilian states with a total capacity of 75MW. Brazil is a Key Partner of the OECD and one of the world’s fastest growing energy markets, a news release said.…