News

Consortium lawyer gains football licence

16 November 2006

Salvadorian lawyer Mario Ayala has been awarded a licence to represent football players as an agent. He is the first lawyer in El Salvador to hold such a licence.

Uruguayan rice sector gets funding

16 November 2006

Uruguay's rice sector has a new financial trust. Designed to boost financing to the industry, the trust issued a landmark bond issue in September.

Banorte makes record issuance

09 November 2006

Mexico's largest independently owned bank, Banorte, has placed US$600 million in capital securities internationally. It is the largest capital securities issuance ever made by a Mexican bank.

SABMiller makes tender offer in Ecuador

09 November 2006

SABMiller, the world's third largest beer company, has made a cash tender offer to the minority shareholders of its three Ecuadorian breweries.

Cookie maker launches IPO

09 November 2006

Biscuit and pasta maker M Dias Branco has made an initial public offering on the Brazilian stock exchange for US$170 million.

New IP team in Peru

09 November 2006

Peruvian law firm Miranda & Amado Abogados has set up an intellectual property department.

Uruguayan meat plant bought out

09 November 2006

Prestcott International has bought out its partner in the Uruguayan meat packing business Cledinor.

Cardif breaks into Peruvian insurance market

09 November 2006

Transactional insurance company Cardif is setting up in Peru. Peru's Banking, Insurance and AFP Superintendency approved Cardif's application on 14 September.

Salvadoran bonds simplified

09 November 2006

Salvadoran bank Banco Cuscatlán has refinanced and extended bond certificates worth US$300 million.

Telecoms companies plan tie-up

09 November 2006

US telecoms company Global Crossing is buying Argentina-based Impsat Fiber Networks for US$336 million. The two US companies have been allied for six years.