Anti-corruption and shareholder activism pose questions for public M&A activity

João Ricardo Ribeiro, Luis Nicolau, José María Eyzaguirre and Carlos Pompermaier

The ongoing corruption scandal engulfing Brazil’s state-owned oil company, Petrobras, is expected to put some public company acquisitions in the country on hold, while litigation caused by increasing minority shareholder activism in Chile will put pressure on deals there, heard panellists at Latin Lawyer’s 5th Annual M&A Conference, held last week in São Paulo.