Australia

Pemex Opens Market Down Under

Mexico Bonds Australia

Pemex has become the first Latin American credit to issue a bond in Australian dollars, raising AUD150m ($156m). Though small, the deal represents the entry of LatAm blue...

HSBC Continues LatAm Retreat

Argentina Mexico Europe

Months after placing a number of LatAm assets on the block, HSBC has agreed to sell its insurance business in Mexico and Argentina to France’s AXA and Australia’s QBE Ins...

City of BA Postpones Bond Plans

Bonds Australia

The City of Buenos Aires has postponed the sale of up to $500m in dollar bonds planned for this week on the back of poorer market conditions. Considered a price sensitive...

Marcopolo Buys Control of Aussie Busmaker

Brazil M&A Australia

Brazilian bus body maker Marcopolo has acquired a 75% stake in its Australian counterpart Volgren Australia for AUD52.5m ($52.9m), with additional future earn-out adjustm...

Aussie Mall Operator Shops in Brazil

Brazil M&A Australia

Westfield Group has agreed to buy 50% of Brazilian mall operator Almeida Junior Shopping Centers, at a total price of BRL740m ($466m). It is the first entry into EM for t...

Metminco Options Chilean Copper Project

Chile Panama M&A

Metminco, an Australian mining company, has entered into an option agreement to acquire the La Piedra copper and molybdenum project for $30.5m in Chile. Under the terms o...

Karoon Gas IPO Due Today

Brazil Equity Australia

Karoon Gas Australia plans to price the IPO of its Brazilian subsidiary today, a deal expected to raise more than BRL1bn. After a week’s postponement, Karoon, the owner o...

Brazil Oil IPO Pushed Back

Brazil Equity Australia

Karoon Gas Australia has pushed back the IPO of its Brazilian unit a week, to November 18 from November 10, the company says. Karoon’s Australian shares were placed on tr...