Daily Archives: 21 de April de 2016

Sete Brasil is Under Judicial Recovery

Yesterday, shareholders of Sete Brasil, an offshore equipment manufacturer that was heavily invested in the Brazilian oil sector with support of giants such as BTG Pactual and pension funds Funcef and Petros, approved the company judicial recovery request, to be filed next week. The request followed a failed attempt to negotiate a beneficial contract with […]

longandvariable

A blog on macroeconomics and public policy by Tony Yates.