Market: Chile

France’s Legrand expands in Chile with double tech purchase

Garrigues (Chile) has helped the Chilean subsidiary of French IT infrastructure group Legrand acquire local energy-focused technology companies Teknica and Enersafe.

26 September 2023

Saudi energy group Aramco enters LatAm fuel retail market

Saudi Arabian energy company Aramco has hired five White & Case LLP offices and Guerrero Olivos in Santiago to buy Chilean fuel distributor Esmax from Latin America-focused private equity fund Southern Cross Group.

25 September 2023

Jara del Favero adds former energy undersecretary as practice head

Jara del Favero Abogados has appointed the former undersecretary for Chile’s Ministry of Energy as director and head of its energy practice.

22 September 2023

Carey helps NGO preserve Patagonian land in conservation buy

Carey has helped Bermuda-headquartered environment-focused NGO the Freyja Foundation acquire an area of native forest located in Chile’s southern Cochamó Valley.

22 September 2023

Chile’s Parque Arauco snaps up stake in Medellín shopping centre

Posse Herrera Ruiz has helped the Colombian subsidiary of Chilean shopping centre operator Parque Arauco acquire a controlling stake in Medellín-based counterpart Parque Fabricato for US$17 million.

22 September 2023

Chile’s Codelco makes US$2 billion issuance

Cleary Gottlieb Steen & Hamilton LLP in New York and Carey in Santiago have helped Chilean copper company Codelco raise US$2 billion in a debt issuance.

18 September 2023

Bofill Mir adds antitrust director from FNE

Bofill Mir Abogados has hired a lawyer from Chile’s National Economic Prosecutor (FNE) as director, strengthening its antitrust and economic regulation offering.

18 September 2023

Private equity group sued for ‘rigged’ sale of LATAM’s aircraft

A global investment manager is being sued for the second time in three years for allegedly implementing a “sham foreclosure sale” of a bankrupt airline's aircraft.

15 September 2023

Marfrig sells abattoirs to Minerva for US$1.5 billion

Stocche Forbes Advogados in São Paulo and Guyer & Regules in Montevideo have helped Brazilian meat processor Minerva acquire 7.5 billion reais (US$1.5 billion) worth of abattoirs from competitor Marfrig, a deal that includes assets in Argentina, Brazil, Chile and Uruguay.

08 September 2023

Two PPU partners launch new firm in Chile

Two partners from Elite firm Philippi Prietocarrizosa Ferrero DU & Uría (Chile) – including competition practice head Ignacio Larraín – have left to launch their own outfit, Vial Larraín Femenías.

06 September 2023

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