Police: Fear of retaliation makes criminal investigations even harder
SAGINAW, Michigan (WNEM) A 26-year-old father is in critical condition after an exchange of gunfire in broad daylight Wednesday afternoon.
The man’s nine-year-old son was in the backseat of the car as his father was struck by several bullets and fired back at the shooter on Glenwood Street on Saginaw’s southeast side.
The child was unharmed.
“A very disturbing thought that the nine-year-old could’ve been struck,” said Michigan State Police Sgt. Joe Rowley.
State police said the victim isn’t cooperating with detectives. A problem that Rowley said is too common.
Santos Brasil wins three terminals at auction
Santos Brasil wins three terminals at auction Santos Brasil, Ultrapar and CMPC put up a total of $38 mln in bids for five port terminal concessions
Corporate & Sovereign StrategyEconomy & PolicyEquity Port logistics company Santos Brasil was the biggest winner in the latest concession auction in Brazil on Friday, winning contracts for three terminals at the Port of Itaqui in Maranhão, while Ultrapar won a fourth at Itaqui and Chile s CMPC took one at the Port of Pelotas in Rio Grande do Sul.
Santos Brasil beat out Ultrapar subsidiary Tequimar for two liquid bulk terminals at Itaqui, bidding BRL61.3 million, or 24% above the minimum bid, for IQI03 and BRL40 million for IQI12, which had a token
DASA issues shares to fund acquisitions
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Corporate & Sovereign StrategyEquityLatin AmericaSouth AmericaBrazilHealthcareRule 476 Brazilian medical services company Diagnósticos da América (DASA) moved BRL3.3. billion ($586 million) in a follow-on equity offering after pricing the shares below its target price range.
DASA priced the shares at BRL58 each and sold 57 million in a primary offering, while existing shareholder Romeu Côrtes Domingues sold 2.08 million in a secondary offering, according to a securities filing on Wednesday.
Neither the company nor the selling shareholder chose to increase the share offering with s
BTG Pactual buys Caixa s stake in Banco Pan
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M&ABrazil Brazilian investment bank BTG Pactual said early Tuesday it agreed to pay BRL3.7 billion ($661 million) for the stake in local midsize lender Banco Pan held by federal savings bank Caixa Econômica Federal.
BTG said its subsidiary Banco Sistema agreed to acquire the 49.2% voting stake equivalent to 26.8% of Banco Pan s capital held by Caixa Participações.
BTG agreed to pay BRL11.42 per share for CaixaPar s stake, which represents a 1.6% premium over the share price of BRL11.24 on Monday. Shares i
Brazilian logistics group picks the new boss from recently acquired Fadel as Vale re-elects its president and Eletrobras appoints an interim head
Corporate & Sovereign StrategyPeopleEnergyBrazil Brazilian logistics group JSL said Tuesday that it named Ramon Peres Martinez Garcia de Alcaraz as its next CEO, while mining company Vale re-elected its president and state-owned power company Eletrobras picked an interim head.
São Paulo-based JSL appointed Ramon Peres Martinez Garcia de Alcaraz as CEO to replace Fernando Antonio Simões, who becomes chairman of the board. Alcaraz was formerly CEO of Fadel Logística, which sold a 75% stake to JSL for BRL159 million ($29.9 million) in August last