Five Jones Day offices, Argentina’s Allende & Brea, Bergstein Abogados in Montevideo and Paz Horowitz Abogados in Quito have helped US media company Entravision acquire a controlling stake in advertising company RedMas from counterpart Grupo Cisneros.
A slew of Brazilian law firms and one Spanish outfit have helped telecoms operators TIM, Telefónica and Claro make a 16.5 billion reais (US$3 billion) binding stalking-horse bid to jointly buy Oi’s mobile services business, as part of the latter’s reorganisation.
Cuatrecasas in Madrid and Lima, three Arias offices and Ferrere (Ecuador) have helped German on-demand food services business Delivery Hero buy Spanish counterpart Glovo’s entire Latin American operation for 230 million euros (US$273 million), adding several new markets to its existing regional portfolio.
Latin Lawyer will announce the winners of its 14th annual Deal of the Year Awards on Tuesday 29 September.
Spanish law firms Garrigues and Cuatrecasas have announced global and Latin American revenue growth in 2019 and are eyeing up their opportunities for further expansion in Latin America amid the uncertainty of covid-19.
A United Nations Commission on International Trade Law (UNCITRAL) tribunal has declined to hear an investment treaty case brought by Spain’s Iberdrola against Guatemala over electricity tariffs on the basis that the company had raised identical claims in an unsuccessful International Centre for the Settlement of Investment Disputes (ICSID) arbitration.
Swiss private equity company Partners Group has hired Cuatrecasas in Lisbon, Madrid, and Valencia and Ropes and Gray LLP in London to acquire Portuguese agribusiness Rovensa from UK private equity business Bridgepoint Capital for US$1.1 billion, handing it assets in Brazil.
Latin Lawyer's data shows that 44 M&A deals closed in Mexico between March and December 2019. Considering only deals with a public value, those transactions had a combined value of some US$22 billion.
Latin Lawyer recorded 29 M&A deals that closed in Peru between March and December 2019. When counting only public values, combined deal value exceeded US$5.6 billion.
Latin Lawyer recorded 166 Brazilian M&A deals that were signed and announced between March and December 2019. When counting only public values, the combined deal value of signed and announced deals was over US$100 billion.