Work Area: M&A

Several firms in cross-border solar deal

US solar power developer Array Technologies, owned by investment fund Blackstone, has hired four offices of Kirkland & Ellis LLP, three Cuatrecasas offices and Pinheiro Neto Advogados in São Paulo to acquire Spanish solar panel manufacturer Soluciones Técnicas Integrales Norland (STI Norland) and its Brazilian, Chilean and Mexican operations for 570 million euros (US$498 million).

26 November 2021

Barros & Errázuriz and Carey steer food distributor acquisition

Brazilian asset manager IG4 Capital has hired Barros & Errázuriz Abogados to enter into a joint venture with Santiago-based real estate company Inversiones Gibraltar and acquire a stake in its subsidiary, food distributor Adelco, worth US$114 million.

26 November 2021

Brazilian port agrees asset sale to Cosan subsidiary

Brazil’s São Luís Port Company, a subsidiary of China Communications Construction Company (CCCC), has hired Stocche Forbes to agree the final leg of the port's sale to local energy group Atlântico, in a deal worth 720 million reais (US$128 million) in total.

26 November 2021

Competition partners foresee greater scrutiny of e-commerce and fintech deals

Latin American competition authorities refuse to be shaken by the covid-19 pandemic and are stepping up their scrutiny of the region’s fast-growing e-commerce and digital banking sectors, said speakers at a Latin Lawyer webinar earlier this week.

25 November 2021

Vinci Partners and Gradiente enter renewables partnership in Brazil

Nantes Mello Advogados and Tauil & Chequer Advogados in association with Mayer Brown have helped Gradiente Energias Renovaveis and private equity group Vinci Partners, respectively, enter into a partnership to build wind and solar projects in the South American country for 2.4 billion reais (US$441 million).

25 November 2021

PPU and Machado Meyer help Sequoia invest in Chile and Brazil

Several firms have advised on Californian venture capital fund Sequoia Capital's investments in Chilean fintech Fintual and Brazilian logistics solutions provider Lincros, worth US$46 million in total.

25 November 2021

Ferrere steers Paraguayan finance acquisition

Holding company Grupo Vázquez has enlisted Ferrere (Paraguay) to acquire a controlling stake in the country’s largest microfinance business Financiera el Comercio (FIELCO) for 107 billion guaraníes (US$16 million).

25 November 2021

Souto Correa leads green hydrogen partnership in Brazil

Souto Correa Advogados has helped electricity trader Grupo Comerc Energia enter a partnership with renewables company Casa dos Ventos to develop hydrogen projects in Brazil, with co-investment reaching up to US$4 billion.

24 November 2021

Still time to register for Latin Lawyer’s M&A conference

Don't forget to sign up for Latin Lawyer Connect: M&A 2021, which will take place on 30 November. Read on for details of the conference and how to register.

24 November 2021

Colombia’s Altra sells Peruvian IT assets to Brazilian buyer

Hernández & Cía Abogados has helped Bogotá-based Altra Investments sell IT services business Corporación Sapia to Brazilian Stefanini Group.

24 November 2021

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