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Finance Latin America

Cinemark sells Mexican unit to Cinemex

Cinemark Holdings, Inc., one of the largest motion picture exhibitors in the world, today announced that they have entered into a stock purchase agreement pursuant

Brazil: Grupo Abril Buys Wise Up

Abril Educação announced the acquisition of the Wise Up language course in a business transaction estimated at 877 million reals (aprox USD 445 million). During

Google to buy 10% stake in Vevo

Google’s YouTube is negotiating a $50 million equity investment in music video service Vevo, according to two people with knowledge of the situation. The deal would

Publicis Acquires Brazilian NEOGAMA/BBH

Publicis announced that has acquired 100% of the shares of NEOGAMA/BBH in Brazil (34% from BBH and 66% from its founder, Alexandre Gama and his partners). NEOGAMA/BBH is a creative agency in Brazil with clients like Banco Bradesco, Johnnie Walker-Diageo, TIM, OMO and Renault.