Market: Brazil

Brazilian hospital operator issues equity and buys assets

Several international and Brazilian firms have helped Brazilian clinical diagnostics company Diagnósticos da América (DASA) raise 3.3 billion reais (US$593 million) in equity and buy assets in north-eastern Brazil from Hospital São Domingos.

20 April 2021

Familiar firms in 3R follow-on

Brazil’s Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados have helped oil company 3R Petroleum make a follow-on offering worth 823 million reais (US$148 million), nearly four months after it launched Brazil’s first IPO in the oil and gas sector in nearly a decade.

20 April 2021

Lefosse adds four partners and three counsel with promotions

Brazil’s Lefosse Advogados has promoted four lawyers to partner and three to counsel, strengthening its labour, M&A, tax, technology and restructuring practices.

16 April 2021

Brazil’s Samarco files for bankruptcy amid bondholder suits

Mining company Samarco Mineração has filed for judicial reorganisation in Brazil after bondholder litigation in the US and Brazil scuppered restructuring negotiations held in the aftermath of two environmental disasters.

15 April 2021

Mattos Filho makes nine new partners

Brazilian law firm Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados has added firepower to several practice groups by promoting nine lawyers to partner.

14 April 2021

Brazilian pulp arbitration leads to cyber hack challenge

A São Paulo court has stayed a partial award in a multibillion-dollar International Chamber of Commerce (ICC) dispute over the sale of a pulp maker while it considers allegations that the arbitration has been tainted by cyber hacking.

14 April 2021

Several firms in Brazilian agribusiness acquisition

Freshfields Bruckhaus Deringer LLP in New York and Cescon, Barrieu, Flesch & Barreto Advogados in São Paulo have helped chemicals and minerals company ICL do Brasil acquire counterpart Compass Minerals América do Sul for 2.2 billion reais (US$402 million).

14 April 2021

After one year of covid-19, what have we learnt?

A year after everything changed, Jaime Fernández Madero of Fernández Madero Consulting says now is the time to set aside old beliefs to fully embrace the new world.

13 April 2021

Machado Meyer steers Caixapar’s final divestment of Banco Pan

Machado Meyer Advogados has helped a division of Brazilian state-owned bank Caixa Econômica Federal divest its remaining stake in Banco Pan for US$660 million.

13 April 2021

Lefosse and Spinelli help GOL restructuring take off

Lefosse Advogados has helped Brazilian low-cost airline GOL absorb its loyalty programme business Smiles Fidelidade as part of a corporate restructuring, in a deal worth 2.5 billion reais (US$441 million).

13 April 2021

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