It’s no secret that many of Latin America’s largest companies remain controlled by small, concentrated groups reluctant to relinquish control, limiting these entities’ ability to tap into a bigger pool of resources through the capital markets. This status quo makes public M&A deals a rarity in the region. Christina McKeon Frutuoso considers the challenges faced by lawyers when such transactions do arise.
A discounted early booking rate for Latin Lawyer Live Private Equity – which takes place on Tuesday 8 October in New York – expires tomorrow.
Carey’s football team has won a tournament organised by the Chilean Women Lawyers Football League.
CMS Carey & Allende has helped Chilean casino operator Sun Dreams acquire counterpart Marina del Sol.
Argentine firm EGFA has helped Telecom Argentina obtain a US$300 million loan.
US private equity firm Blackstone has hired Simpson Thacher & Bartlett LLP in New York, Los Angeles and Washington, DC; Arias, Fábrega & Fábrega in Panama City; CMS Carey & Allende in Santiago; Creel, García-Cuéllar, Aiza y Enriquez SC in Mexico City and Gómez-Pinzón in Bogotá to buy a stake in US investment fund FRS Capital and gain indirect control of a leading Latin American container terminal operator.
Chile’s CMS Carey & Allende has hired a disputes resolution partner from local firm Urrutia & Cía as its second director.
CMS Carey & Allende has promoted the head of its disputes and compliance departments to partner in Santiago.
Chilean food producer Agrosuper has hired Barros & Errázuriz Abogados to acquire salmon farming company AquaChile for US$850 million.
CMS Carey & Allende has helped Chilean salmon company AquaChile obtain a US$240 million bridge loan to acquire two local counterparts.