Foreign Investors Buy into Brazil, Lead M&A Activity

MARLA DICKERSON and LUCIANA MAGALHAES, The Wall Street Journal, 11/20/2015 

razilian companies are the cheapest they have been in years, presenting bargain hunters with prime buying opportunities.

But foreign investors appear to be keener on the nation’s prospects than Brazilians, many of whom are spooked by the political turmoil that is worsening the nation’s economic slowdown.

Earlier this month, New York’s Coty Inc. agreed to pay $1 billion for the beauty-care unit of São Paulo-based Hypermarcas, expanding its presence in Latin America’s largest economy.

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