61.   Previ, which can invest only in Brazilian companies, is one of the largest institutional investors in Latin America.

62.   Proceeds from the sale will go to financing loans by the bank, known as BNDES, to Brazilian companies, Gazeta said.

63.   Rio de Janeiro-based Light and Vitoria-based Espirito Santos Centrais Eletricas SA, or Escelsa, are Brazilian companies that may bid for Coelba.

64.   Several Brazilian companies were facing difficulties rolling over their foreign loans.

65.   Several Brazilian companies are poised to benefit if Russia lowers tariffs on some agricultural products.

66.   Shares in Chilean utilities had rallied on a perception that they would be well suited to reorganizing the unprofitable Brazilian company and producing attractive profits in a few years.

67.   Such high prices -- the cost of doing business in Brazil --make it increasingly difficult for Brazilian companies to compete in the global market.

68.   Telebras will be only the second Brazilian company to list shares on a U.S. exchange.

69.   That, in turn, could eventually lead to lowering borrowing costs for Brazilian companies, he said.

70.   That compares with six times for Argentine companies and eight for Brazilian companies.