The government of Peru has made its second US$1 billion bond offering of the year, retaining the same legal team - Allen & Overy LLP and Hernández & Cía Abogados - to bring the issuance to market.
Thanks to stable rules over 15 years and comparatively good economic figures, Peru is well-placed to withstand the ravages of the crisis, we found at a roundtable meeting of the leading law firms in Lima last December
Negotiation of the free-trade agreement between Peru and China is complete, with the countries expected to sign this week.
Peru's largest welding company Soldexsa is expanding in South America, having fully acquired two Colombian welding operations and their Venezuelan unit for US$97 million.
US law firm Squire, Sanders & Dempsey LLP has added four firms - in Peru, Panama, Bolivia and Colombia - to its network in Latin America, posing a bigger challenge to more established alliances in the region.
Peru’s Concesión Canchaque is to receive US$45 million to finance the construction and operation of the Canchaque toll road.
Leading Peruvian paint company Corporación Peruana de Productos Quimicos (CPPQ) has acquired its main local competitor, Teknoquimica, through a public bid process.
Dutch insurance group ING has increased its stake in two Peruvian pension fund managers, AFP Integra and ING Fondos, after acquiring stock from minority shareholders.
Scotiabank is continuing its expansion in Peru, buying the Peruvian unit of Chilean finance group Grupo Altas Cumbres.