Work Area: Mining & metals

Peru’s Volcan makes debt issuance and tender offer

Shearman & Sterling LLP in New York and Peruvian firm Payet, Rey, Cauvi, Pérez Abogados have helped local mining company Volcan issue debt and launch a tender offer, with both transactions worth US$600 million.

10 March 2021

Hapvida and Notre Dame in huge US$21 billion tie-up

Five Brazilian law firms have advised on the 120 billion reais (US$21 billion) merger of local health insurance companies Hapvida and Notre Dame, marking the country’s largest corporate tie-up in more than a decade.

04 March 2021

New Fortress snaps up more energy assets in Brazil

Brazil’s Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados has helped the local subsidiary of US investor New Fortress Energy acquire two thermal power plants in north-eastern Brazil.

04 March 2021

Zang Bergel steers Argentine meat packing sale

Argentina’s Zang, Bergel & Viñes Abogados has helped agribusiness Cresud sell its shares in local meat packing company Carnes Pampeanas for US$10 million.

04 March 2021

KKR and Telefónica launch US$1 billion fibre optics venture in Chile

US private equity investor KKR has hired three Simpson Thacher & Bartlett LLP offices and CMS Carey & Allende in Santiago to pay some US$1 billion for a majority stake in Telefónica Chile’s fibre optic network, through which both companies will launch the country’s first open access wholesale fibre optics venture.

03 March 2021

Intertug completes towage sale to Chile’s SAAM

Gómez-Pinzón in Bogotá has helped Colombian towage company Intertug complete the sale of a majority stake in its business, including its Mexican subsidiaries, to Chilean logistics company SAAM for US$50 million.

01 March 2021

BTG Pactual snaps up Chilean shopping centres

Chile’s Barros & Errázuriz Abogados has helped a real estate fund of BTG Pactual Chile divest its remaining stake in local property group Vivocorp and buy two shopping centres from the same company – for which it also obtained an acquisition financing – in a deal worth US$480 million in total.

26 February 2021

Singaporean investor goes for gold in Peru

Ashurst LLP in New York, Canada’s Stikeman Elliot LLP and Payet, Rey, Cauvi, Pérez Abogados in Lima have helped Singaporean metals investor Boroo buy one of Peru’s largest gold mines for US$307 million.

23 February 2021

Real estate investor snaps up warehouse assets in Chile

Chile’s Barros & Errázuriz Abogados has helped local property investor Independencia Administradora General De Fondos increase its stake in local warehouse operator Bodenor Flexcenter in a US$167 million deal and obtain a loan to fund the purchase.

23 February 2021

Chilean copper miner gets Japanese investment and project finance

Chilean miner Mantos Copper has hired three Simmons & Simmons offices in the UK and Baker McKenzie (Chile) to obtain an US$847 million financing – including a substantial capital injection from Japan’s Mitsubishi Materials – to expand its Mantoverde mine.

22 February 2021

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