News

ABB and General Electric conclude US$2.6 billion acquisition deal

ABB and General Electric conclude US$2.6 billion acquisition deal

13 July 2018

Davis Polk & Wardwell LLP in New York and Pinheiro Neto Advogados in São Paulo have helped Swiss company ABB close its acquisition of General Electric’s circuit breaker business for US$2.6 billion.

Freire Assis hires former Felsberg associate as partner

Freire Assis hires former Felsberg associate as partner

13 July 2018

São Paulo firm Freire, Assis, Sakamoto and Violante has boosted its insolvency practice by hiring a former Felsberg Advogados associate as partner.

White & Case’s LatAm head reaches for the top

White & Case’s LatAm head reaches for the top

12 July 2018

White & Case LLP’s new Latin America group head Carlos Viana says the firm will target more high-value work as regional competition heats up.

Glencore buys Ale petrol station chain

12 July 2018

Mundie e Advogados has helped Anglo-Swiss commodities trader Glencore buy a 78% stake in fuel distributor AleSat Combustíveis, which owns Brazil’s Ale petrol station chain.

Lefosse announces double lateral hire

11 July 2018

Brazil’s Lefosse Advogados has hired two partners from separate firms shortly after completing a double promotion in May.

Spain’s Mapfre buys insurance company in Brazil

Spain’s Mapfre buys insurance company in Brazil

11 July 2018

Azevedo Sette Advogados has helped Spanish insurance company Mapfre buy out its Brazilian joint venture business partner BB Seguridade from local insurance provider BB Mapfre for 2.4 billion reais (US$636 million).

Pinheiro Neto and Fialho Salles in healthcare buy

11 July 2018

Pinheiro Neto Advogados has helped local investment manager Pátria Investimentos acquire a majority stake in Brazilian private healthcare centre Vitória Apart Hospital.

Brazil issues US$79 million antitrust penalty for packaging cartel

10 July 2018

Brazil’s specialist competition tribunal issued nearly 306 million reais (US$79 million) in fines to companies for forming a flexible packaging cartel on 4 July.

Vella Pugliese joins Brazilian law firm promotion spree

Vella Pugliese joins Brazilian law firm promotion spree

09 July 2018

Vella Pugliese Buosi e Guidoni - Advogados has joined the growing number of Brazilian firms prepared to make large partner appointments in 2018 by promoting five lawyers to the partnership.

Brazilian competition regulator dismisses Uber claims

09 July 2018

Brazil’s competition authority has ruled that taxi drivers did not bring sham litigation and coordinate threats against Uber drivers in an attempt to drive them out of the market.