Brazilian Leads as 1Q M&A Volume Sags

Apr 3, 2012

LatAm targeted M&A volume hit $27.1bn in 1Q 2012, down 27% from $37.3bn 1Q 2011, according to Dealogic data, with Itau leading the league tables. The Brazilian bank, whose announced work in the quarter includes last week’s purchase of a $2bn stake in EBX by Abu Dhabi’s Mubadala sovereign wealth fund,...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management