Market: Chile

Asterion buys more LatAm data centres from Telefónica

Clifford Chance LLP in Madrid and London and Carey in Santiago have advised Spanish investment manager Asterion in its acquisition of four data centres in Chile and Spain from telecoms giant Telefónica, worth US$120 million.

10 June 2021

SoftBank uses LatAm fund for WeWork JV and Mexican investment

Morrison & Foerster LLP in Miami and Los Angeles has helped SoftBank use its Latin American investment fund to inject US$150 million in investment platform Grupo Bursátil Mexicano (GBM) and, through a separate transaction, enter into a joint venture with US flexible office space provider WeWork.

09 June 2021

Specialist Law Firm Leader of the Year: Paulina Riquelme Pallamar

Featured in 15th Annual Awards

Paulina Riquelme Pallamar, founding partner at Eelaw in Chile – and this year’s winner of Latin Lawyer’s Specialist Law Firm Leader of the Year Award – is the only female lawyer in the country to found a firm dedicated exclusively to environmental law.

08 June 2021

Several firms steer US$423 million gas provider purchase in Chile

White & Case LLP in Houston, Miami and New York has helped US energy investor Arroyo buy Santiago-based Gasmar from Chilean gas companies Abastible and Empresa Gasco for US$423 million.

07 June 2021

PPU merges with Chilean natural resources firm

Philippi Prietocarrizosa Ferrero DU & Uría (Chile) has strengthened its natural resources practice by incorporating local law firm Carcelén, Desmadryl, Guzmán y Tapia Abogados, adding three partners.

27 May 2021

BTG Pactual buys Chilean forestry assets from Arauco

Chile's Barros & Errázuriz Abogados and Fischer y Cía have helped a consortium led by investment bank BTG Pactual buy forestry assets from local company Arauco for at least US$386 million.

24 May 2021

Two firms in LarraínVial's purchase of Chilean wealth manager

Chilean financial group LarraínVial has hired Jara Del Favero Abogados to purchase a 50% stake in independent wealth management company Sherpa WMC.

24 May 2021

Deal of the Year Winner: Banking & Finance

Featured in 15th Annual Awards

When the covid-19 pandemic grounded the global travel industry, the subsequent financial strain caused Latin American aviation companies to drop off the radar one by one. Regional aviation group LATAM Airlines obtained a US$2.45 billion DIP financing from a group of international shareholders, creditors and lenders several months after the airline filed for Chapter 11 bankruptcy proceedings in New York in May 2020. This lifeline wins the banking & finance category of our Deal of the Year Awards.

24 May 2021

Deal of the Year Winner: Project Finance (Energy)

Featured in 15th Annual Awards

The combined project bond issuance and bank debt package was one of Latin America’s largest power project financings in 2020 and occurred over two concurrent cross-border transactions. The company’s multijurisdictional activities required the coordination of law firms in the US, Spain, Chile, Colombia and Panama. It is our energy project finance Deal of the Year.

24 May 2021

Deal of the Year Winner: Private M&A

Featured in 15th Annual Awards

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

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