Global private equity firm, Advent International Friday announced it is to acquire 50% of the capital stock of TCP - Terminal de Conteineres de Paranagua S/A (TCP). TCP is Brazil's third-largest container port terminal. The value of the transaction and other financial terms were however not disclosed.

The Urban Fish, pioneer and leader in collective purchases in Brazil, announced it had raised funds from significant venture capitalists in the United States, Benchmark Capital, and a major venture capital firm in the country, Monashees Capital for Series A round of investment made in the last quarter of 2010.

Cosan Limited announced it had gone into a definitive agreement that will see it acquire Usina Zanin Acucar e Alcool Ltda. Cosan Limited is a Sugar and ethanol producer.  The acquisition target, Zanin, is a sugarcane producer based in the Araraquara region, Brazil. The transaction is however subject to satisfaction of certain required conditions.

Parker Hannifin Corporation, the global leader in motion and control technologies, Friday announced that it has acquired Brazil’s HDA Acessorios e Equipamentos Ltda. The Brazilian firm is based in the state of Sao Paulo, Brazil. HDA is a manufacturer of hydraulic filters and accessories typically used in the mobile equipment, industrial and agriculture markets; with offices and a manufacturing location in Sao Paulo.

Brazilian Newspaper Valor Economico reported that Spanish energy sector giant Iberdrola has agreed to buy all the assets of Ashmore Energy International (AEI), including the Brazilian distributor Elektro. The deal for the investment is worth $8 billion according to the report, but the Spanish giant has denied the reports.

The Spanish company declined to comment on the report except to say in a brief statement, "Iberdrola denies it has signed an agreement to buy AEI for about $8 billion," said the reports.

PolyOne Corporation, a premier global provider of specialized polymer materials, services and solutions, has acquired Uniplen Indústria de Polímeros Ltda. Uniplen is a leading Brazilian producer of specialty engineered materials and distributor of thermoplastics.

Avanco Resources reported last week that Brazilian iron ore heavyweight Vale had signed an option to acquire its Trindade North prospect for up to $40 million. Avanco Resources is an Australian Listed Brazil focused mining firm. Under the terms of the signing, Vale has been granted exclusive exploration rights for up to 3 years and the right to subsequently acquire sole ownership of the project, Avanco said in a statement.

Canacol Energy Ltd announced it is to spend US$ 106 million capital budget in 2011 for exploration and development activities in Brazil, Colombia and Guyana. The budget includes the drilling of 39 gross wells (13 net wells), which include 6 exploration wells and 33 appraisal and development wells.

Spanish energy company Repsol said on Tuesday it had completed a capital hike of $7.1 billion subscribed by China's Sinopec in order for the Asian giant to acquire 40 per cent of a joint venture in Brazil. In a regulatory announcement, Repsol added it would book capital gains of $3.757 billion from the deal, which was originally agreed on Oct. 1.

Hypermarcas SA, the Brazilian consumer-goods reported that it will be making a payment of around 2.5 billion reais, about $1.5 billion, for drugmaker Mantecorp Industria Quimica & Farmaceutica SA. The Brazilian firm has recently made over 10 acquisitions, spanning the last one year. However, its announcement of the latest investment saw its share decline.

A.P. Møller-Mærsk’s wholly owned subsidiary Maersk Oil has agreed with SK Energy Co. Ltd to acquire SK do Brasil Ltda. for $2.4 billion on a cash and debt-free basis. The acquisition is subject to customary conditions, including governmental approval and will not affect the 2010 financial result of A. P. Møller – Mærsk A/S, read the firm’s press release.