News

CAFTA claim registered

04 September 2007

A US rail management company has had a claim against the Republic of Guatemala registered at ICSID.

Chile orders supermarket divestments

04 September 2007

Chile's competition watchdog has told retail operator Falabella to sell a number of stores if it is to merge with supermarket chain Distribución y Servicio (D&S).

Ternium finances Imsa deal

30 August 2007

The financing for the US$1.7 billion purchase of Mexican conglomerate Grupo Imsa’s steel operations by Argentine steelmaker Ternium has closed.

IFC makes record loan in Argentina

30 August 2007

The International Finance Corporation has granted a US$550 million loan to the Argentine unit of Pan American Energy - one of the biggest project finance loans ever organised by the IFC.

Cárdenas Di Ció boosts corporate finance team

30 August 2007

Argentine firm Cárdenas, Di Ció, Romero,Tarsitano & Lucero Abogados

Brazil raids petrol companies over price fixing

30 August 2007

Brazil’s Secretariat of Economic Law (SDE) has raided the offices of 44 fuel companies accused of price-fixing. According to the authority, the investigation is “the largest dawn raid in Latin America”.

Brazilian bank taps markets

30 August 2007

Banco ABC has raised R$609 million (US$310 million) in an initial public offering.

Tribunal denies Oxy interim relief

30 August 2007

A tribunal has denied a US oil company's requests for interim relief in a dispute with Ecuador.

Mexican court upholds Modelo fine

30 August 2007

A Mexican federal court has told the country’s largest brewer, Grupo Modelo, to pay US$67,000 for failing to provide information in an antitrust investigation.

Brazil's mining sector consolidates further

28 August 2007

Brazilian steel group Companhia Siderúrgica Nacional, CSN, has paid the biggest sum ever for an independent iron ore mining company in Brazil.