Market: Brazil

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

Pinheiro Guimarães and Machado Meyer in forestry JV

Pinheiro Guimarães has helped Brazilian paper company Klabin form a joint venture with investment company Timber XXI to exploit forestry assets in the state of Santa Catarina.

03 March 2021

Lobo de Rizzo hires labour partner

Brazil’s Lobo de Rizzo Advogados has hired its third partner in two months by recruiting a lawyer from Rocha e Barcellos Advogados to co-head its labour department.

02 March 2021

Four firms in e-commerce company Mosaico IPO

Milbank in New York and Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados in São Paulo have helped Brazilian digital content and e-commerce company Mosaico launch an IPO worth 1.2 billion reais (US$218 million).

02 March 2021

Pérez Alati helps UBS on Argentine investment banking venture

UBS’s Brazilian joint venture will provide investment banking services in Argentina under a new agreement with a local bank, its first such deal since it was set up in October.

01 March 2021

Brazilian education IPO grades below target

Brazilian private education provider Cruzeiro do Sul Educacional has hired US firm Milbank and Lefosse Advogados in São Paulo to launch an IPO on the B3 stock exchange for 1.2 billion reais (US$228 million).

26 February 2021

Criminal proceedings cast shadow over Vale after landmark settlement

Brazilian mining company Vale’s recent US$7 billion resolution resolved one out of many legal battles originating from the company’s 2019 deadly mine collapse.

25 February 2021

CSN’s mining arm raises US$968 million in IPO

Milbank in São Paulo and New York and Pinheiro Guimarães in São Paulo have helped the mining unit of Brazilian steelmaker CSN raise 5.2 billion reais (US$968 million) in an initial public offering on the B3 stock exchange, the largest Brazilian IPO so far in 2021.

24 February 2021

Bolivia settles steel dispute with Chinese state entities

Bolivia has settled a dispute with Chinese state-owned steelmakers over the suspension of construction works for an iron ore processing plant.

24 February 2021

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