The merger of Brazil’s two largest retailers – Casas Bahia and Globex, a unit of Pão de Açúcar – was no easy task.
Brazil is on a path for record-breaking M&A volume and sky high valuations this year, but advisory fees are lagging.
Aggressive in expansion, conservative with financing, Grupo México aims to double copper output in the next five years. Its CFO does not expect fresh fundraising.
América Móvil (AMX) is a frequent star of LatAm issuance, beloved by investors despite its razor thin spread and feared by bankers for its rigorous execution standards.
Biggest, tightest, longest, cheapest. Superlatives abound when describing LatAm capital markets and advisory for the last 12 months, and many bankers expect the good times to continue rolling.
Televisa’s partnership with Nextel may be off the table. But the Mexican media conglomerate is still expected to pursue mobile to unlock value in its content.
International banks are eager to re-enter the LatAm bank market. But cost of funds, spread compression and better DCM terms will keep a lid on volume.
In a year of significantly increased Chinese buying of LatAm assets, CNOOC’s purchase of 50% of Bridas was one of the largest South-South deals.
Braskem’s 2010 acquisition of Quattor Participacoes, Polibutenos and Unipar Comercial forges a new petrochemical giant in the Brazilian petrochemicals market.
New York-based Cleary Gottlieb Steen & Hamilton is no stranger to megadeals.
After suffering derivative losses in the 2008-2009 crisis, Brazil’s Aracruz Celulose was purchased by Votorantim Celulose e Papel.
In the year to November 29, a total of 1,221 M&A deals worth $244.6 billion involving a LatAm acquirer or target had taken place, according to Dealogic.
In June, UK-based private equity giant Apax Partners, through its Dethalas vehicle, closed on its first investment in Brazil.
Credit Suisse is back on top again, aiming to leverage relationships throughout emerging markets to further stoke the coals of its LatAm investment banking engine. The Swiss house coasts on rising revenue from M&A, equity and fixed income, but has not slipped into complacency.
Chile’s Claro y Cía, established in 1880, is no stranger to complex M&A. In 2010 it acted as legal counsel for LAN Airlines in its merger with Brazil’s TAM that promises to be the largest airline in the region.
Previous | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15
Sep 11 - 12, 2014 | Westin Beijing Chaoyang, Beijing, China
LA-CIF is the leading event connecting Latin America and China. Through an invitation-only,...
Sep 11 - 12, 2014 | 朝阳威斯汀酒店, 北京, 中國
Sep 16, 2014 | Westin Chosun, Seoul, South Korea
LA-KIS will examine the rapidly evolving LatAm-Korea investment relationship, the pace & direction...
Sep 17 - 18, 2014 | Hotel Intercontinental, Medellín, Colombia
The only event bringing together the Andean region’s most innovative corporate issuers, the growth...
Sep 25 - 26, 2014 | Velas Vallarta, Puerto Vallarta, Estado de Jalisco, Mexico
The only annual gathering of senior public-sector officials, financiers, sponsors and investors...
Are populist governments like Venezuela & Argentina turning pragmatic?
In some ways
“The crisis has been a setback for reserve diversification."
Jan Dehn, Ashmore Investment Management
All material is subject to strictly enforced copyright terms & conditions and cannot be repurposed or reproduced. © 2014 Latin American Financial Publications Inc.