Topic: Cross-border M&A

Several firms steer US$423 million gas provider purchase in Chile

White & Case LLP in Houston, Miami and New York has helped US energy investor Arroyo buy Santiago-based Gasmar from Chilean gas companies Abastible and Empresa Gasco for US$423 million.

07 June 2021

US private equity snaps up Colombian pharma group

US investment company Acon has hired Winston & Strawn LLP in New York and Washington, DC, Gómez-Pinzón in Bogotá and Mijares, Angoitia, Cortés y Fuentes SC in Mexico City to purchase pharmaceutical group Vitalis, which has facilities in Colombia and Mexico.

07 June 2021

Belgian investor increases stake in Bolivia-Brazil gas pipeline

Linklaters in Brussels and London and Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados in São Paulo have helped Belgian energy company Fluxys acquire a minority interest in the Bolivia-Brazil natural gas pipeline, GASBOL, from the Brazilian subsidiary of French oil and gas group Total.

28 May 2021

Mexican supermarket Chedraui buys US retailer for US$620 million

A subsidiary of Mexican supermarket chain Grupo Comercial Chedraui has hired Bufete Robles Miaja, S.C. in Mexico City to acquire US grocery store Smart & Final for US$620 million.

21 May 2021

Deal of the Year Winner: Private M&A

Featured in 15th Annual Awards

Uber completed its US$459 million acquisition of Chilean grocery delivery start-up Cornershop after more than a year of back and forth with local regulators amid the covid-19 pandemic. The acquisition faced regulatory challenges in Chile and Mexico, while the substantial price tag for a controlling stake in a Latin American start-up also stands out. The deal is our private M&A Deal of the Year.

21 May 2021

Deal of the Year Winner: Public M&A

Featured in 15th Annual Awards

The US$2 billion all-share merger between Brazilian cosmetics company Natura and US-UK counterpart Avon saw the combination of two listed companies and marked the largest outbound acquisition from Brazil since 2006. The transaction is our public M&A Deal of the Year.

21 May 2021

Deal of the Year Winner: Private Equity

Featured in 15th Annual Awards

CVC Capital Partners’ acquisition of Peruvian cash management business Hermes Transportes Blindados required a two-pronged approach. To clinch the deal, CVC had to undertake a public tender offer to purchase the majority of the listed company’s shares directly – from counterpart The Carlyle Group – at the same time as reaching separate, private, deal for the remainder. The multi-layered transaction between two of the world’s largest private equity investors played out over the Lima Stock Exchange and established sophisticated deal-making and compliance standards. It is our private equity Deal of the Year.

21 May 2021

Several firms help Canadian fund buy power assets in Brazil

TozziniFreire Advogados in São Paulo has helped Canadian pension fund Ontario Teachers’ (OTPP) acquire Brazilian electricity transmission company Evoltz from private equity group TPG Capital.

20 May 2021

Carey and Cariola Díez in US-Canadian engineering acquisition

US investor Coplay Equity Partners has hired Carey in Santiago to acquire Canadian power and automation solutions provider Magna IV Engineering, giving it assets in Chile.

17 May 2021

Creel García-Cuéllar and Galicia in US$1.4 billion global plastics deal

US materials company Trinseo has hired several Kirkland & Ellis LLP offices and Creel, García-Cuéllar, Aiza y Enriquez SC in Mexico City to acquire the plexiglass division of French chemicals company Arkema for nearly US$1.4 billion, giving it manufacturing plants in Mexico.

10 May 2021

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