September 1, 2013
The purchase, sale, merger, and expansion of Latin companies today is unrecognizable from a quarter century ago. Relative economic stability and growth, tamed inflation and better resistance to global shocks has meant keener foreign buyers, local market consolidators and the creation of LatAm regional and global champions that would have been unimaginable in 1988.
In addition to more – and bigger – deals, many of the trends bankers identify in the region in the past two decades were apparent in 2013: Brazilian institutions continue to consolidate, regional leaders form, and companies hunt for growth.
“There were a lot of multinationals making their first investments in the region,” says J
The growing ability of Latin corporates to buy, sell and merge with one another has paved the way for a new class of global champions – unthinkable a quarter century ago. By Ben Miller