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Brazil s Sao Paulo Mayor Bruno Covas Dies of Cancer at 41

Brazil’s Sao Paulo Mayor Bruno Covas Dies of Cancer at 41 Bloomberg 1 hr ago Rachel Gamarski (Bloomberg) Bruno Covas, mayor of the Brazilian city of Sao Paulo, has died after a two-year battle with cancer. He was 41. Covas died on Sunday at Hospital Sirio Libanes in Sao Paulo, according to a medical report. He’d been in treatment since 2019, when he was diagnosed with a tumor between the esophagus and stomach that had already spread to his liver. In February, doctors said there was new evidence of the disease. He was admitted to the hospital May 2. Covas had served as the mayor of South America’s largest city since 2018, when Joao Doria left the post to run for state governor, catapulting his deputy to the top job. Covas was elected for a four-year term in late 2020 with almost 60% of the votes, beating leftist candidate Guilherme Boulos.

Alcalde de Sao Paulo, Bruno Covas, fallece a los 41 años | Noticias

Alcalde de Sao Paulo, Bruno Covas, fallece a los 41 años | Noticias
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XPAC Acquisition Corp Files for IPO

Provided by Dow Jones By Stephen Nakrosis Blank-check company XPAC Acquisition Corp. filed for a $200 million initial public offering on Thursday and said it intends to apply to list its units on the Nasdaq Capital Market under the symbol XPAXU. The company said its sponsor, XPAC Sponsor LLC, is an affiliate of XP Inc. and XP Investimentos. The company also said, We intend to capitalize on the strength and leading presence of the XP platform in Brazil, drawing upon the extensive networks, relationships and investment acumen of our sponsor and management team to identify, source, negotiate and execute an initial business combination in Brazil.

Brazil broker XP eyes acquisition to add clients, tech, says incoming CEO

Brazil broker XP eyes acquisition to add clients, tech, says incoming CEO Reuters 2 days ago SAO PAULO, May 11 (Reuters) - Brazilian brokerage XP Inc said it is interested in acquiring companies which increase its number of clients or add new technologies, incoming Chief Executive Thiago Maffra told journalists on Tuesday. Last week, Reuters reported that XP was eyeing the Brazilian subsidiary of Credit Suisse Group AG, citing sources. XP s founder Guilherme Benchimol declined to comment on the matter, adding XP s priority is organic growth. (Reporting by Carolina Mandl)

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