Wednesday, April 13, 2016

Brazil M&A deals tougher to close amid economic and political turmoil

By Guillermo Parra-Bernal and Tatiana Bautzer

SAO PAULO, April 13 (Reuters) - Brazil's harshest recession

in decades and deepening political turmoil are preventing buyers

and sellers from finalizing dozens of mergers and acquisitions

amid wide disagreements over valuations, according to

dealmakers.

Mergers in Latin America's biggest economy got off to their

worst start in more than a decade in the first quarter as

buyers, wary of growing economic imbalances and fallout from a

corruption

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