Brazil Fire Sale From Petrobras to Vale Seen Driving IPO Revival

Infrastructure acquisitions could pick up after a corruption scandal involving Petrobras and builders forced companies to unload assets and drove down prices, said Andre Chiarini, founding partner at Infra Partners, a Rio de Janeiro- based logistics private-equity firm.

“We have already noticed a revamp on the willingness to prospect investment opportunities in Brazil as prices are being adjusted to the new scenario,” he said in an e-mail. “As major construction companies will be either selling their infrastructure assets or too busy restructuring their businesses, there will be an important room for intelligent investors.”

To contact the reporters on this story: Juan Pablo Spinetto in Rio de Janeiro at jspinetto@bloomberg.net; Jonathan Levin in Rio de Janeiro at jlevin20@bloomberg.net To contact the editors responsible for this story: James Attwood at jattwood3@bloomberg.net; Jessica Brice at jbrice1@bloomberg.net Jessica Brice


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