M&A China Uruguay
Chinese billionaire Jack Ma checks out opportunities in the meat industry
Loans Electricity Oil
Uruguayan state power company plans to use $70 mln for working capital as drought hurts cash flow
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
Corporate & Sovereign Strategy Loans CAF
CAF will provide $540 mln for the $3.4 bln project following BNDES loan
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
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
People Healthcare Pharmaceuticals
Agustina Ruiz Villamil will also lead the US pharma company's operations in Uruguay and Paraguay
International Financial Institutions Corporate & Sovereign Strategy Loans
Conversations with multilateral lenders are advancing but will take time, says head of sovereign debt management
People International Financial Institutions World Bank
US-based multilateral lender appoints Marianne Fay to oversee operations in Argentina, Paraguay and Uruguay
Corporate & Sovereign Strategy Equity M&A
Brazilian company agrees to pay $40 mln to acquire BPU Meat from Japan's NH Foods
Uruguay Africa Argentina
APA, Shell and YPF seek rights to look for oil and gas in latest bidding round
Corporate & Sovereign Strategy M&A Energy
Uruguayan ethanol producer aims to award a contract in March
M&A Commerce South America
Mexican retail group adds 150 stores in Chile, Peru and Uruguay through the deal
Credit Ratings Upgrade Economy & Policy
Rating agency raises the sovereign rating to BBB and changes the outlook to stable
Brazilian meatpacker makes an offer reported to be worth $40 mln