BTG Pactual (BPAC11) recently published a report indicating a favorable outlook for inflation in 2026, backed by increased service accommodation. The bank suggests that this situation could lead to a stable economic activity if tax risks are managed effectively and exchange rates remain steady.
The organization maintained its inflation forecasts at 4.8% for 2025 and lowered the estimate for 2026 from 4.3% to 4.2%. This adjustment was driven by decreases in regulated prices, including the decrease in the IPVA (Property Tax on Automotive Vehicles) in Paraná, as reported by MoneyTimes.
The bank pointed out that inflationary trends deteriorated in August, with a decrease of -0.14% in IPCA-15 and -0.11% in IPCA overall. Service inflation increased once more, breaking the positive trend seen in earlier months, despite the improvement in tradable items like industrial goods and household food.
BTG and Perfin will be the main investors in Cosan (CSAN3), contributing significant funds.
Cosan (CSAN3) revealed on Sunday night (21) the signing of an investment deal and the organization of primary public stock offerings with BTG Pactual (BPAC11) and Perfin.
The company aims to use PAs to gather funds to reorganize its financial debts in order to decrease its leverage effectively.
Two operations will be conducted, with the initial one being backed by the “Anchor investors.”
The initial public offering is expected to issue 1.45 billion common shares, with the potential to increase by 25% (362.5 million shares) through additional allocations, but current Cosan shareholders will not have priority rights at this point.
BTG and Perfin have agreed to finalize the tasks related to the initial public offering in order to guarantee the success of the entire process.
- Economic situation
- Business operations
- Businesses in the Purse
- National-level
- Commerce
- Brazil
- Inflation
- IPVA – Vehicle Property Tax
