Alibaba founder eyes Uruguay investment

M&A China Uruguay

Chinese billionaire Jack Ma checks out opportunities in the meat industry

UTE gets go-ahead for credit line

Loans Electricity Oil

Uruguayan state power company plans to use $70 mln for working capital as drought hurts cash flow

CAF grants loans to Argentina, Chile and Paraguay

CAF Loans Debt

South American development bank approves $1.18 bln for a pipeline in Argentina, MSMEs loans in Chile and highway repairs in Paraguay

Argentina gets more funds for gas pipeline

Corporate & Sovereign Strategy Loans CAF

CAF will provide $540 mln for the $3.4 bln project following BNDES loan

S&P downgrades Fucerep on weaker capital

Credit Ratings S&P Global Downgrade

Rating agency cuts Uruguayan co-op to B- with a negative outlook after losses expanded to $2.5 mln last year

Fitch upgrades Arcos Dorados

Credit Ratings Fitch Ratings Upgrade

Latin America's sole McDonald's franchiser surpasses pre-pandemic revenues and looks to Brazil for growth, according to the rating agency

Pfizer picks new country head for Argentina

People Healthcare Pharmaceuticals

Agustina Ruiz Villamil will also lead the US pharma company's operations in Uruguay and Paraguay

Uruguay in talks for sustainability-linked loans

International Financial Institutions Corporate & Sovereign Strategy Loans

Conversations with multilateral lenders are advancing but will take time, says head of sovereign debt management

World Bank appoints new director in Buenos Aires

People International Financial Institutions World Bank

US-based multilateral lender appoints Marianne Fay to oversee operations in Argentina, Paraguay and Uruguay

Minerva buys meatpacker in Uruguay

Corporate & Sovereign Strategy Equity M&A

Brazilian company agrees to pay $40 mln to acquire BPU Meat from Japan's NH Foods

Uruguay fields more bids for offshore exploration

Uruguay Africa Argentina

APA, Shell and YPF seek rights to look for oil and gas in latest bidding round

Alur seeks partner for synthetic fuels project

Corporate & Sovereign Strategy M&A Energy

Uruguayan ethanol producer aims to award a contract in March

Grupo Axo acquires Chile's Komax

M&A Commerce South America

Mexican retail group adds 150 stores in Chile, Peru and Uruguay through the deal

DBRS upgrades Uruguay on improving fiscal outlook

Credit Ratings Upgrade Economy & Policy

Rating agency raises the sovereign rating to BBB and changes the outlook to stable

Minerva eyes Uruguay's BPU

Corporate & Sovereign Strategy Equity M&A

Brazilian meatpacker makes an offer reported to be worth $40 mln