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Sinch AB (publ): Sinch Expands to Brazil Through Acquisition of TWW

Sinch AB (publ): Sinch Expands to Brazil Through Acquisition of TWW

Stockholm, Sweden, Oct. 10 (Korea Bizwire) – Sinch AB (publ), a global leader in cloud communications for mobile customer engagement, has entered into a definitive agreement to acquire TWW do Brasil S.A. for an enterprise value of BRL 180.750 million. Using today’s SEK/BRL exchange rate of 2.43, this corresponds to SEK 439 million. Founded in [...]

Afya Limited Announces Closing of Initial Public Offering and Full Exercise of the Underwriters’ Option to Purchase Additional Shares

Afya Limited Announces Closing of Initial Public Offering and Full Exercise of the Underwriters’ Option to Purchase Additional Shares

NOVA LIMA, Brazil, Jul. 23 (Korea Bizwire) — Afya Limited, or Afya (Nasdaq: AFYA) today announced the closing of its initial public offering of 15,805,841 Class A common shares at a public offering price of $19.00 per share. Afya issued and sold 13,888,887 shares of Class A common shares, which includes the full exercise of [...]

Behind the Wheel: A Christmas Cargo 2018

Behind the Wheel: A Christmas Cargo 2018

London, Dec. 21 (Korea Bizwire) - IVECO, a brand of CNH Industrial (NYSE: CNHI /MI: CNHI), kick-started the initiative at its annual Gincana do Caminhoneiro, a skills and driving competition for professional truck drivers, in Campo Largo, Paraná state where the participating drivers were invited to donate toys. They were joined by an IVECO customer in [...]

The Researchers of Dakila Research were Awarded After Scientific Studies on the Earth’s Shape

The Researchers of Dakila Research were Awarded After Scientific Studies on the Earth’s Shape

SAO PAULO, Brazil, Dec. 21 (Korea Bizwire) — The Brazilian association Dakila Research, represented by its president Urandir Fernandes de Oliveira, received in October a congratulatory motion of the Legislative Assembly of Mato Grosso do Sul (MS) in recognition of the importance of the scientific studies conducted in different areas of knowledge such as mathematics, [...]

Sao Paulo Hosts K-pop Contest

Sao Paulo Hosts K-pop Contest

SEOUL, Jul. 23 (Korea Bizwire) — K-pop is rapidly becoming an established genre in Brazil’s pop culture scene. An annual K-pop contest was held in downtown Sao Paulo at the Mart Center on Friday evening. Previously, 71 teams from across Brazil took part in the preliminaries with 16 teams making the cut to perform live [...]

K-pop Video Streaming Service Mubeat Launches in Brazil

K-pop Video Streaming Service Mubeat Launches in Brazil

SEOUL, Apr. 20 (Korea Bizwire) — Mubeat, a new K-pop video streaming service, has opened its service in Brazil, according to the company Friday. The app developed by Vlending, a joint entertainment venture formed by MBC and SBS Contents Hub, started its service in the South American country this month, the company announced. The service [...]

Nasdaq Welcomes Cielo S.A. to the Nasdaq International Designation

Nasdaq Welcomes Cielo S.A. to the Nasdaq International Designation

NEW YORK, Jan. 22 (Korea Bizwire) — Nasdaq, Inc. (Nasdaq:NDAQ) today announced that Cielo S.A. (BVMF:CIEL3) (OTC:CIOXY) (Nasdaq:CIOXY), a tech retail services company, leading the electronic payments sector in Latin America as one of the top 10 Brazilian corporations in terms of market value, is the latest company to join the Nasdaq International Designation. Through [...]

CJ Cheiljedang Buys Brazilian Firm, Launches Vegetable Protein Manufacturer

CJ Cheiljedang Buys Brazilian Firm, Launches Vegetable Protein Manufacturer

SEOUL, Aug. 28 (Korea Bizwire) — CJ Cheiljedang Corp., South Korea’s leading maker of processed foods, said Monday it has completed the acquisition of a Brazilian company to expand its foothold in the vegetable protein business. Earlier in June, the Korean firm announced its plan to buy Selecta, a Brazilian company that manufactures soy protein [...]

S. Korea Regains Top Spot at 2017 Math Olympiad

S. Korea Regains Top Spot at 2017 Math Olympiad

SEOUL, Jul. 23 (Korea Bizwire) — South Korea won this year’s world championship for mathematics with six gold medals, regaining the top title after five years, the event’s organizers said Sunday. The six-member South Korean delegation earned a combined 170 points at the International Mathematical Olympiad 2017 held in Rio de Janeiro, Brazil on July [...]