Leading Brazilian Internet player Universo Online (UOL) has landed US$100 million in a private equity placement from a group of investors led by Morgan Stanley Dean Witter Private Equity.
The company will use the funds to expand its presence within Brazil and to expand UOL's operations throughout Latin America and the U.S. Hispanic market.
"UOL is today the largest Internet operation in Latin America regardless of the measure used: subscribers, unique visitors, page views, share of audience in chat rooms, advertising or e-commerce revenues," said Luís Frias, chairman and CEO of UOL. "Now we will be concentrating even further on our Spanish portal strategy and in continuing to build the most solid Internet business in Latin America."
www-wds.worldbank.org/external/default/WDSContentServer/IW3P/IB/1998/11/::
US$45 US$75 3-year ssibscription US$611 US$100 Orders should be sent to: World than long-term objectives aimed at the sustained expansion of rural incomes.
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UOL is launching its international venture, with headquarters in Buenos
Aires, Argentina, this month. The company intends to rollout its operations in Mexico, Chile, Colombia and Venezuela by early next year.
UOL's Spanish language portal, aimed at the Latin American and U.S. Hispanic markets, will be based on UOL's Internet platform with broad regional and local content.
www-wds.worldbank.org/external/default/WDSContentServer/IW3P/IB/2002/05/::
IDB is providing a US$ 200 million loan for this purpose.c. Brazilian Rain Forest Pilot Program. (SOEs), except for goods above US$100,000 equivalent, and
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Brazil - Brazzil Mag - TV Brazil: International TV with a Brazilian Slant::
An US$ 80 Million Steel Deal Between Brazils CVRD and Qatar Folha-UOL Merger Bad for Brazils Media, Say Experts. Brazils Program to Improve Indians Diet
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The investor group also includes significant commitments by Blackstone Capital Partners III and Providence Equity Partners Inc. Other investors include Credit Suisse First Boston Garantia Private Equity funds, DB Capital Partners Latin America, Hambrecht & Quist, Latinvest Asset Management and Reuters Group PLC.
International High-Technologies Consulting (IHTC) - South (Latin ::
This allows us to accelerate our expansion in the region, Northland said on a With a slew of other big-name players like Brazils UOL, America Online Inc.
http://home.att.net/~ihtc/LatinAmericaSummaryReport.htmlHOME |
The Family: Grape Vine #110::
All five are named on the civil suit, which is for a ridiculous 100 million yen (approx $80,000) Thanks, Samuel and Clara, for letting us know about this error!
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UOL is the leading portal and ISP in Brazil with 1.3 billion page views for the second quarter, and nearly half a million subscribers from 106 cities. Approximately 80 percent of Brazilian Internet users visit UOL's site monthly, and more than 30 percent of Brazil's Internet users rely on UOL as an ISP.
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