January 13, 2017 |
While many of its European peers have scaled back their Latin American operations, Credit Suisse overtook some of its largest US rivals last year and worked on Latin America’s most impressive mergers and acquisitions.
The Swiss bank advised the Colombian government on the sale of its 57.6% stake in power company Isagen, which netted Colombia about $2 billion in January. In October, Credit Suisse advised US power company Duke Energy on its Latin American exit, a complicated multi-jurisdictional sale worth roughly $2.4 billion.
Credit Suisse was also part of LatinFinance’s Cross-Border M&A Deal of the Year, advising Australia’s Pacific Hydro on the sale of its Chilean and Bra
The Swiss bank closed the gap on several of its rivals and was part of some of the region’s largest transactions