New York-based investment bank Greenhill & Co Inc has hired former Goldman Sachs Group Inc dealmaker Rodrigo Mello as it expands its mergers and acquisitions operation in Brazil. Mello will join Greenhill's S�o Paulo-based office as a managing director, the company said in a statement late on Monday. The Brazil-born banker worked for 13 years at Goldman, where he was responsible for the investment banking coverage of clients in the financial, consumer and retail industries, and worked in a series of M&A transactions in those sectors."We are very excited about our prospects in Brazil and are pleased to be able to quickly strengthen the team with a key hire at a time when we see the potential for significantly increased M&A activity in Brazil," Scott L. Bok, chief executive officer of Greenhill, said in the statement.In Brazil, Mello will report to Daniel Wainstein, Greenhill's country head, with whom he worked for almost fifteen years at Goldman. Mello began his career at Goldman Sachs in 1999 and left in 2005 to work at Cristalina, the investment holding company that controls Hypermarcas SA, the largest Brazilian producer of generic drugs and personal care products, the statement said. He returned to Goldman in 2007 and left again in November last year.Wainstein, who left Goldman last year, is building a team to advise global and local clients on mergers and acquisitions in Latin America's largest economy. In 2013, companies announced $74.43 billion worth of deals in Brazil, up about 5.7 percent from $70.40 billion a year earlier, according to a quarterly Thomson Reuters report on M&A activity released on Jan. 2.
Greenhill & Co., Inc. (Greenhill)is an independent investment bank focused on providing financial advice on mergers, acquisitions, restructurings, financings and capital raising to corporations, partnerships, institutions and governments. Shares of GHL traded higher by 0.69% or $0.34/share to $49.57. In the past year, the shares have traded as low as $43.21 and as high as $61.99. On average, 335803 shares of GHL exchange hands on a given day and today's volume is recorded at 566020.
The Goldman Sachs Group, Inc. (Goldman Sachs) is a global investment banking, securities and investment management firm that provides a range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Shares of GS fell by 0.57% or $-0.93/share to $161.00. In the past year, the shares have traded as low as $137.29 and as high as $181.13. On average, 3016470 shares of GS exchange hands on a given day and today's volume is recorded at 4331277.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.22% or $-0.08/share to $36.17. In the past year, the shares have traded as low as $29.33 and as high as $38.73. On average, 641255 shares of TRI exchange hands on a given day and today's volume is recorded at 889757.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.12% or $-0.05/share to $39.98. In the past year, the shares have traded as low as $29.40 and as high as $42.10. On average, 828957 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 709178.
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