Work Area: M&A

Carrefour buys Brazilian assets for US$1.4 billion

Sullivan & Cromwell LLP in New York and Brazilian law firms Machado Meyer Advogados and BMA - Barbosa, Müssnich, Aragão have helped the local branch of French supermarket chain Carrefour acquire Grupo BIG from US counterpart Walmart and private equity investor Advent in a deal worth 7.5 billion reais (US$1.4 billion).

29 March 2021

Several firms help SNC-Lavalin divest in the Andean region

Five White & Case LLP offices have helped Dubai-based infrastructure group Kentech acquire the Colombian and Peruvian oil and gas operations of Canadian engineering group SNC-Lavalin.

29 March 2021

PPO opens fifth Bolivia office

PPO Abogados has expanded its presence in Bolivia by opening in Cobija on the Brazilian border, marking the firm’s fifth office in the country.

26 March 2021

Uruguayan hotel group restructures debt and sells up

Guyer & Regules and Amorín Abogados have helped Uruguayan hotel operator Tonosol restructure a US$30 million debt package as part of a deal that also saw the company sell its hospitality business to US real estate group White Elephant.

26 March 2021

Veirano partner leaves for Melcheds Advogados

Brazil's Melcheds Advogados has added to its corporate and M&A practice by hiring a partner from Latin Lawyer Elite firm Veirano Advogados.

24 March 2021

Brazil's Suzano creates JV in Finland

Three Baker McKenzie LLP offices, Trench Rossi Watanabe in São Paulo and Borenius in Helsinki have helped Brazilian pulp and paper company Suzano launch a joint venture with Finnish sustainable materials company Spinnova to build a commercial-scale fibre production facility in Finland.

24 March 2021

Itaú Unibanco snaps up AES renewable assets in Brazil

Pinheiro Guimarães has helped Brazil’s Itaú Unibanco purchase a minority stake in a solar power subsidiary of AES Tietê for 855 million reais (US$155 million).

23 March 2021

Cuatrecasas, Consortium and QIL+4 in Guatemalan pharma deal

Cuatrecasas in Madrid and Consortium Legal (Guatemala) have helped Spanish pharmaceutical company Faes Farma acquire Guatemalan counterpart Global Farma for US$30 million.

23 March 2021

Chilean investor eyes controlling stake in CAP after Mitsubishi sale

Claro & Cía has helped Chilean asset management company Invercap acquire a minority interest in local iron ore producer CAP from Japanese conglomerate Mitsubishi for US$108 million.

19 March 2021

Beccar Varela hires YPF Luz’s legal head

Argentine law firm Beccar Varela has hired the legal head of YPF Luz as partner, strengthening its corporate and M&A and energy practices.

18 March 2021

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