Market: Brazil

TozziniFreire hires Pinheiro Neto counsel as partner

Brazil’s TozziniFreire Advogados has appointed its third partner in less than a month by recruiting a counsel from Pinheiro Neto Advogados, strengthening its M&A and capital markets practices.

09 July 2021

BRF continues expansion in Brazil’s pet food industry

Madrona Advogados has advised the pet food division of Brazilian food processing company BRF in its acquisition of Mogiana Alimentos.

09 July 2021

Banco Inter makes US$1.1 billion equity offering

Brazil’s Banco Inter has hired Cleary Gottlieb Steen & Hamilton LLP in New York and São Paulo and local law firm Machado Meyer Advogados to issue shares for 5.5 billion reais (US$1.1 billion).

08 July 2021

Private São Paulo airport goes international

Brazilian firms Vella Pugliese Buosi e Guidoni Advogados and GAbdalla Advogados have helped local airport operator JHSF get approval to launch international flights from São Paulo’s Catarina Executive Airport, scooping up private investment worth 700 million reais (US$137 million) for the project.

08 July 2021

Pinheiro Guimarães and Cescon Barrieu guide Rio Paraná Energia debt issuance

Brazilian law firm Pinheiro Guimarães has helped Rio Paraná Energia raise 845 million reais (US$168 million) in an issuance of infrastructure debentures to upgrade two hydroelectric power stations.

08 July 2021

Demarest appoints tax partner

Demarest Advogados has strengthened its tax practice by hiring a former judge of Brazil’s Administrative Council of Tax Appeals (CARF) as partner.

07 July 2021

Lefosse elects new management

Brazil’s Lefosse Advogados has elected Rodrigo Junqueira to replace Carlos Mello as the firm’s managing partner, at the same time it has appointed a new executive committee – including its first female member.

06 July 2021

Brazil’s Equatorial acquires more assets in electricity privatisation

Brazilian law firm Stocche Forbes Advogados has helped local oil and gas company Equatorial Energia acquire state-owned utility business Companhia de Eletricidade do Amapá (CEA) in a privatisation deal worth over 4 billion reais (US$791 million).

05 July 2021

Bolsonaro appoints new CADE head

The President of Brazil, Jair Bolsonaro, has tapped the general superintendent of the national antitrust watchdog, Alexandre Cordeiro Macedo, to head the agency after the former chair’s four-year term ended last month.

05 July 2021

Etsy buys e-commerce clothing business in Brazil

US e-commerce company Etsy has relied on four Fenwick & West LLP offices and Bronstein Zilberberg Chueiri & Potenza Advogados in São Paulo to acquire Brazilian online marketplace Elo7 for US$217 million.

05 July 2021

Get unlimited access to all Latin Lawyer content