Jorge Correa in our news

Mexico fines Praxair for breaching competition commitments

Mexico’s antitrust authority has fined a subsidiary of local industrial gas provider Praxair US$12 million for repeatedly failing to comply with commitments to restore competition in the markets for the bulk distribution of oxygen, nitrogen and liquid argon.

15 June 2021

Mexico’s Orbia issues sustainability-linked bonds

Mexican conglomerate Orbia has hired Cleary Gottlieb Steen & Hamilton LLP in New York and Ritch Mueller in Mexico City to raise US$1.1 billion in two sustainability-linked bond issuances, as well as launching a tender offer to repurchase debt.

11 June 2021

Mexican supermarket Chedraui buys US retailer for US$620 million

A subsidiary of Mexican supermarket chain Grupo Comercial Chedraui has hired Bufete Robles Miaja, S.C. in Mexico City to acquire US grocery store Smart & Final for US$620 million.

21 May 2021

Deal of the Year Winner: Private M&A

Uber completed its US$459 million acquisition of Chilean grocery delivery start-up Cornershop after more than a year of back and forth with local regulators amid the covid-19 pandemic. The acquisition faced regulatory challenges in Chile and Mexico, while the substantial price tag for a controlling stake in a Latin American start-up also stands out. The deal is our private M&A Deal of the Year.

21 May 2021

Deal of the Year 2020: the full shortlist

Latin Lawyer will announce the winners of our 15th annual Deal of the Year Awards in the daily news briefing next week. See the full shortlist here.

19 May 2021

Mexico’s Vesta makes US$200 million shares issuance

Davis Polk & Wardwell LLP in New York and Ritch Mueller in Mexico City have helped industrial real estate developer Inmobiliaria Vesta issue shares for 4 billion Mexican pesos (US$200 million).

17 May 2021

Latin Lawyer announces Elite 2021

Latin Lawyer Elite firms have each carved out their own paths towards excellence and demonstrate unique areas of strength. Here, we reveal this year’s Elite.

12 May 2021

Creel García-Cuéllar and Galicia in US$1.4 billion global plastics deal

US materials company Trinseo has hired several Kirkland & Ellis LLP offices and Creel, García-Cuéllar, Aiza y Enriquez SC in Mexico City to acquire the plexiglass division of French chemicals company Arkema for nearly US$1.4 billion, giving it manufacturing plants in Mexico.

10 May 2021

Mexican enforcer asks Supreme Court to thwart energy bill

Mexico’s antitrust watchdog has filed a complaint to the Supreme Court opposing a government reform bill that aims to strengthen the state-owned electricity utility, claiming the proposed law would be bad for competition.

29 April 2021

Deal of the Year: the shortlists for capital markets, banking and finance and project finance

Latin Lawyer is delighted to announce the deals shortlisted for the capital markets, banking and finance and project finance categories of our 15th annual Deal of the Year Awards.

27 April 2021

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