Work Area: M&A

Portuguese insurer hires Rodrigo Elías to consolidate in Peru

The Peruvian subsidiary of Portuguese insurer Fidelidade has enlisted Rodrigo, Elías & Medrano Abogados to increase its stake in local counterpart La Positiva Seguros y Reaseguro, following a successful tender offer worth 396 million soles (US$99 million).

18 October 2022

FEMSA spends US$1.2 billion on Swiss convenience store group

Bär & Karrer in Zürich has helped Swiss convenience store group Valora sell its business to Mexican beverage business FEMSA, a deal worth US$1.2 billion.

18 October 2022

Telefônica expands internet services in Brazil with tech buy

The Brazilian subsidiary of Spanish telecoms giant Telefónica has hired Madrona Advogados to acquire local internet solutions group Vita IT.

18 October 2022

GIP buys LatAm renewables group Atlas from Actis

Several firms have helped US investor Global Infrastructure Partners (GIP) acquire Latin American renewable energy developer Atlas from UK private equity group Actis.

17 October 2022

Bustamante Fabara adds seven directors

Ecuador’s Bustamante Fabara has promoted seven associates to director, strengthening several of its practice areas.

17 October 2022

Brazil’s Copel acquires wind farms from EDP Renováveis

Brazil’s Cescon, Barrieu, Flesch & Barreto Advogados has helped the transmission subsidiary of Paraná state-owned utility group Copel acquire two wind farms from Portugal’s EDP Renováveis for 1.8 billion reais (US$340 million).

17 October 2022

Chilean competition tribunal gives first fine under new regime

Chile’s competition tribunal has confirmed a settlement between the country’s antitrust watchdog and a shipping company, marking the first time the authority has successfully challenged a completed deal that wasn't notified.

17 October 2022

Chile’s SAAM consolidates Peruvian presence with tugboat buy

Santiago-headquartered SAAM Towage has enlisted Estudio Olaechea to acquire the Peruvian tugboat operations of Chilean shipping agency Ian Taylor.

17 October 2022

Woods & Smith adds Guadalajara office with two new partners

US firm Woods & Smith LLP has added a new outpost in Guadalajara by hiring two energy partners from Mexican outfit BRAB.

14 October 2022

Shell charters Brazilian oil drilling rig from Maersk

Demarest Advogados has helped the oil-drilling subsidiary of Danish shipping group Maersk lease an offshore drilling rig in Brazil’s Campos Basin to Shell for US$37 million.

14 October 2022

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