Topic: Cross-border M&A

Live Nation revives acquisition of OCESA in Mexico

US company Live Nation Entertainment has hired Mexico’s Creel, García-Cuéllar, Aiza y Enríquez, SC to resume its purchase of a controlling stake in OCESA Entretenimiento, a leading concert promoter in Latin America, from media groups Televisa and CIE, for 8.8 billion Mexican pesos (US$444 million).

20 September 2021

GIC and Carlyle sell stakes in Brazil’s Rede D’Or

Singaporean sovereign wealth fund GIC and US private equity group Carlyle have hired Demarest Advogados and Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados, respectively, to sell their shares in Brazilian private hospital group Rede D’Or São Luiz for 2.6 billion reais (US$501 million).

16 September 2021

Veirano helps Swiss company buy Brazilian cosmetics brand

Swiss chemicals business Clariant has enlisted Veirano Advogados to buy the remaining stake it did not already own in cosmetics and personal care company Beraca Ingredientes Naturais.

16 September 2021

Consortium Legal steers cross-border agribusiness acquisition

Two Consortium Legal offices have helped agrochemical company Duwest acquire counterpart Agrinter’s operations in El Salvador and Honduras.

15 September 2021

US power company hires Tauil & Chequer to buy from Petrobras

Houston-based Ceiba Energy has enlisted Brazil’s Tauil & Chequer Advogados in association with Mayer Brown to acquire assets from Petrobras.

15 September 2021

Arca buys Ecuadorean snacks producer Carlisnacks

Mexico’s Arca Continental has relied on Pérez Bustamante & Ponce (PBP) in Quito and Salaverri, Burgio & Wetzler Malbrán in Buenos Aires to purchase Ecuadorean snacks producer Carlisnacks.

08 September 2021

Mercado Livre buys logistics company in cross-border deal

The Brazilian branch of Buenos Aires-headquartered e-commerce company Mercado Libre has relied on Bronstein, Zilberberg, Chueiri e Potenza Advogados in São Paulo and Brigard Urrutia in Bogotá to acquire Brazilian logistics company Kangu.

07 September 2021

LatAm firms in Deutsche Post DHL’s buy of ocean freight company

Multinational package delivery company Deutsche Post DHL Group has enlisted German firm Gleiss Lutz and Demarest Advogados in São Paulo to acquire sea freight company JF Hillebrand for 1.5 billion euros (US$1.7 billion), giving it assets in Latin America.

02 September 2021

GIP buys largest private power generator in Mexico

US investment fund Global Infrastructure Partners (GIP) has hired six offices of Latham & Watkins LLP and Mexican firm Creel, García-Cuéllar, Aiza y Enriquez SC to acquire Saavi Energía from British counterpart Actis for US$275 million.

01 September 2021

Colombia’s Ecopetrol buys majority stake in ISA

Colombia’s largest oil company Ecopetrol has hired Baker McKenzie LLP in Bogotá, Buenos Aires, Santiago and Lima and Trench Rossi Watanabe in São Paulo to acquire a majority stake in Interconexión Eléctrica (ISA) from the Colombian government in a deal worth 14.2 trillion pesos (US$3.7 billion).

26 August 2021

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