News
America Móvil continues buying spree with Nextel in Brazil
22 March 2019
Cleary Gottlieb Steen & Hamilton LLP in New York and Brazilian firm BMA - Barbosa, Müssnich, Aragão have helped Mexican telecoms company América Móvil acquire its Brazilian counterpart Nextel for US$905 million.
Panel of five decides Oi arbitration case in Angola
22 March 2019
A subsidiary of Brazilian telecoms group Oi has been awarded US$650 million in an International Chamber of Commerce (ICC) case against its fellow shareholders in Angolan mobile carrier Unitel – a dispute that was heard by a five-member arbitral tribunal and reportedly involved claims worth US$3 billion.
Graça Couto hires ex Stocche Forbes lawyer as first tax partner
21 March 2019
Graça Couto Advogados has hired a former senior associate from Stocche Forbes Advogados in São Paulo to lead its tax practice.
Linklaters promotes in São Paulo
20 March 2019
International firm Linklaters has promoted an associate to partner, bolstering its corporate practice in São Paulo.
Brazil’s largest chemist snaps up US competitor
20 March 2019
Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados in São Paulo has helped Brazil’s largest pharmaceutical retailer Raia Drogasil acquire its counterpart Drogaria Onofre from the US’ CVS Health.
Zurich and Havan sign insurance deal in Brazil
20 March 2019
Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados has helped the Brazilian branch of insurance company Zurich sign a 200 million reais (US$53 million) deal with Brazilian retail company Havan.
Mundie promotes two to partner
19 March 2019
Mundie e Advogados has made two new partners in its São Paulo headquarters, boosting its tax and administrative law departments.
Brazil’s BRF exits Argentina
19 March 2019
Pérez Alati, Grondona, Benites & Arntsen has helped Brazilian food company BRF sell Argentine chicken and margarine producer Avex to local poultry farm Granja Tres Arroyos and its joint venture partner Fribel for US$50 million.
Argentine seed producer enters Brazil
19 March 2019
Pérez Alati, Grondona, Benites & Arntsen in Buenos Aires and Machado Meyer Advogados in São Paulo have helped Argentine seed producer Satus Ager enter Brazil by acquiring local counterpart Tecnoseeds.
Demarest and Azevedo Sette steer shipping M&A
19 March 2019
Demarest Advogados has helped US maritime freight company Mid-Ship acquire Belo Horizonte-based counterpart Overseas Logística.