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Banco BTG Pactual S.A. UNITS (1 COM & 2 PRF CL'A') (BPAC11.SA)

São Paulo - São Paulo Delayed price. Currency in BRL
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25.62+0.63 (+2.52%)
At close: 07:07PM BRT
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  • Reuters

    Brazil soccer clubs poised for gold rush to reduce gap to Europe's elite

    SAO PAULO (Reuters) -A new law allowing soccer clubs in Brazil to seek outside investment is attracting hundreds of millions of dollars to a country renowned as football's biggest source of talent, a change that could see Brazilian teams rival Europe's top tier. The surge of fresh, mostly foreign, cash coincides with an agreement last May by Brazil's largest clubs to create a league modeled on Britain's Premier League that will centralize talks to sell transmission rights and marketing contracts. Together, the recent developments have spawned a funding bonanza for the Brazilian teams, which have long been fan-owned operations closed to outside investors.

  • Reuters

    Brazil's WEG net profit falls, supply chain hurdles weigh on margins

    SAO PAULO (Reuters) -Brazilian motor maker WEG SA on Wednesday reported a drop in quarterly net income and said operating margins remained under pressure from supply chain issues, sending its shares down. WEG's net income fell 19.5% to 912.96 million reais ($168.64 million) in the second quarter, while operating margins missed 2021 levels amid rising raw material costs. The company's shares were down 3.5% at 26.03 reais in morning trading, making it one of the biggest fallers on Brazil's Bovespa stock index, which fell 0.9%.

  • Business Wire

    BTG Pactual Timberland Investment Group and BCI Create Caddo Sustainable Timberlands, LP with 772,000 Acres in East Texas

    NEW YORK, February 14, 2022--BTG Pactual Timberland Investment Group and BCI Create Caddo Sustainable Timberlands, LP with 772,000 Acres in East Texas