BMA - Barbosa, Müssnich, Aragão in São Paulo and Bredin Prat in Paris have helped French supermarket heavyweight Carrefour acquire 30 shops in Brazil from Dutch competitor Makro for 1.95 billion reais (US$450 million).
Paul Hastings LLP in New York and DRB Abogados in Mexico City have helped Mexican car brakes and suspension manufacturer Rassini obtain a US$470 million loan.
Brazil’s competition authority is investigating Bayer and Monsanto over alleged anticompetitive behaviour in the soybean market. By Ciaran Willis
Bruchou, Fernández Madero & Lombardi has helped Argentine energy company Genneia issue US$500 million in green bonds.
Chilean wood products company Celulosa Arauco has hired Simpson Thacher & Bartlett LLP in New York and local firm Portaluppi Guzman & Bezanilla Abogados to get a US$375 million revolving credit facility.
International and Latin American law firms are keeping a close eye on the region’s latest oil exporter, Guyana. They are hoping to zero in on clients looking to invest in short- and long-term infrastructure and energy projects in the country, but acknowledge it will need support to develop the industry and to avoid the so-called Dutch disease.
A Dominican state entity has agreed to pay just under US$400 million to settle a dispute with an Odebrecht-led consortium that had sought almost US$1 billion in damages, following International Chamber of Commerce (ICC) mediation proceedings in New York.
Gunderson Dettmer offices in New York, San Francisco, Silicon Valley and São Paulo and Pinheiro Guimarães in Rio de Janeiro have helped Brazilian real estate company Grupo Zap sell its entire business to online marketplace OLX Brazil for 2.9 billion Brazilian reais (US$695 million)
Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados has helped infrastructure fund Actis buy five wind power plants in Brazil from Portuguese utilities company EDP Renováveis for 1.2 billion reais (US$230 million).
Gómez-Pinzón in Bogotá, Panama’s Morgan & Morgan, Muñiz, Olaya, Meléndez, Castro, Ono & Herrera in Lima and Pérez Bustamante & Ponce in Quito have helped Colombian airline group Avianca obtain a US$250 million loan through its Panamanian holding company from US counterpart United Airlines and US investor Kingsland Holdings.