News

Chinese company wins biggest plant in Brazilian hydro auction

Chinese company wins biggest plant in Brazilian hydro auction

19 October 2017

Machado Meyer Advogados has helped Chinese State Power Investment Company (SPIC) make the winning bid for the 1.7 gigawatt São Simão hydroelectric dam as assets owned by Cemig are auctioned for US$3.8 billion.

Conmebol completes first commercial rights tender since FIFA scandal

Conmebol completes first commercial rights tender since FIFA scandal

19 October 2017

Dorsey’s New York office and Vouga Abogados in Asunción have helped a joint venture between British media company Perform and US counterpart IMG make the winning bid to manage commercial rights for South America’s biggest football competitions, promising regional football confederation Conmebol a minimum revenue of US$1.4 billion between 2019 and 2022. 

Ecuador in treaty U-turn‎ under new leader

Ecuador in treaty U-turn‎ under new leader

19 October 2017

Following the election of Lenín ‎Moreno as President this April, Ecuador looks set to renegotiate its bilateral investment treaties and - it has been suggested - could even readopt the International Centre for Settlement of Investment Disputes (ICSID) Convention.

Lefosse and Olavo Rigon close Brazilian medical purchase

19 October 2017

Lefosse Advogados has advised Latin America’s largest medical diagnostics company, Diagnósticos da América (DASA), on its acquisition of share capital in three clinical analysis laboratories in Brazil.

Quintet of US and Chilean firms in Latin American Power offering

19 October 2017

Norton Rose Fulbright and Winston & Strawn LLP in New York and Carey in Santiago have advised American General Life Insurance Company and other foreign institutional investors in a US$412 million private offering by a subsidiary of Chilean power generation company Latin America Power (LAP).

Pacheco Coto shakes up Central America with EY merger

18 October 2017

EY Law will absorb prominent regional firm Pacheco Coto on 1 January, adding more than 50 attorneys and senior partners to its 100 lawyer-plus Central American branch.

Glencore ups stake in Peruvian miner as zinc prices rebound

Glencore ups stake in Peruvian miner as zinc prices rebound

18 October 2017

Rebaza, Alcázar & De Las Casas is helping Swiss commodity trader Glencore increase its stake in Peruvian zinc miner Volcan Compañía Minera in a deal that could be worth up to US$955 million.

Lobo de Rizzo behind Advent stock auction

Lobo de Rizzo behind Advent stock auction

18 October 2017

Lobo de Rizzo Advogados has helped US private equity group Advent sell a 5.9% stake in Brazilian medical diagnostics company Fleury for 1.3 billion reais (US$410 million).

New York and São Paulo firms on track with railway company equity offer

18 October 2017

Davis Polk & Wardwell LLP in São Paulo and New York and Lefosse Advogados in São Paulo have provided counsel to Brazilian logistic company Rumo for a 640 million Brazilian reais (US$202 million) follow-on public offering.

Guyer & Regules deal counsel for Uruguayan forestry equity sale

18 October 2017

Uruguay’s Guyer & Regules has sat on both sides of the table for an US$60.5 million equity certificate sale by a forestry financial trust, advising the trust’s creator, Cambium Forestal, as well as its trustee.