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Politics

Lula Reassures Brazilian Billionaires Wary of Leftist Turn

  • 3G’s Sicupira, Itau’s M. Salles, Bradesco’s Trabuco among them
  • Lunch described as high-level discussion with positive outcome
Former President Luiz Inacio Lula da Silva meet with Brazil’s wealthiest and most powerful company executives on Tuesday in an attempt to ease concerns ahead of election.

Former President Luiz Inacio Lula da Silva meet with Brazil’s wealthiest and most powerful company executives on Tuesday in an attempt to ease concerns ahead of election.

Photographer: Nelson Almeida/AFP/Getty Images 

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Luiz Inacio Lula da Silva lunched with some of Brazil’s richest and most powerful company executives Tuesday, the latest in a series of get-togethers to dispel concern about policies the leftist former president would implement if elected in October.

Guests included 3G Capital’s Carlos Alberto Sicupira, Itau Unibanco Holding SA’s Joao Moreira Salles, Banco Bradesco SA’s Luiz Carlos Trabuco Cappi, Magazine Luiza SA’s Luiza Trajano, former World Trade Organization head, Roberto Azevedo, as well as Dan Iochpe, Jacyr Costa, Fabio Coelho, Josue Gomes, and Rafael Cervone, according to two people familiar with the meeting, who requested anonymity because the event wasn’t public.