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.
KLA - Koury Lopes Advogados in São Paulo has helped Brazilian education group Ânima Educação acquire US counterpart Laureate’s Brazilian assets for 4.6 billion reais (US$800 million), outbidding a previous offer made by Ser Educacional.
A Canadian company has made good on a threatened US$100 million International Centre for Settlement of Investment Disputes (ICSID) claim against Peru over a gold mining project halted by a rural community blockade – as the state is reportedly threatened with another claim at the centre over environmental issues at a port development project.
Holland & Knight LLP in Miami, Jones Day in New York and Melara & Asociados in Tegucigalpa have helped US education group Laureate sell its Honduran operations to local non-for-profit organisation Fundación Nasser, adding to the company’s recent sales in Brazil and Chile.
The winners in all 10 categories of our 14th annual Deal of the Year Awards are revealed here.
Jones Day offices in Chicago and São Paulo and Brazilian firms BMA - Barbosa, Müssnich, Aragão and TozziniFreire Advogados have helped US real estate developer Greystar enter the Brazilian market by joining an existing joint venture between Brazilian counterpart Cyrela and Canada’s CPP Investments.
Latin Lawyer will announce the winners of its 14th annual Deal of the Year Awards on Tuesday 29 September.
US learning provider Laureate Education has hired Simpson Thacher & Bartlett LLP in New York, Jones Day in Washington, DC and Amsterdam, and Brazilian firms Veirano Advogados, Demarest Advogados and Campos Mello Advogados to sell its operations in Brazil for nearly 4 billion reais (US$724 million), following recent divestments in the US and Chile.
Mexico’s América Móvil has hired Cleary Gottlieb Steen & Hamilton LLP in New York to sell its prepaid mobile services provider, TracFone, to US counterpart Verizon in a deal totalling US$6.9 billion.
As companies continue to be pinched by pressures brought about by the covid-19 crisis, María Luisa Cánovas and Dan Moss explain why US insolvency protection can offer struggling Latin American corporations a lifeline.