Market: Chile

Major recent political transitions in Latin America have unequivocally impacted how anti-corruption law is enforced in the region, meaning that the need for independent judiciaries and cooperation between local and foreign anti-corruption authorities has never been greater, said panellists at Global Investigations Review and Latin Lawyer’s Anti-Corruption & Investigations conference in Mexico City yesterday.

02 June 2023

Carey has helped Chilean investor LarraínVial buy local pharmacy chain Farmacias Ahumada from Wallgreens Boots Alliance, a US-UK holding company that invests in the pharmaceutical sector.

02 June 2023

HD Legal has helped the world’s largest asset manager, BlackRock, acquire a portfolio of solar energy assets in Chile.

01 June 2023

Canadian renewables group Innergex has hired DLA Piper LLP in New York and Buenos Aires to obtain a loan worth C$67 million (US$50 million) to build a battery energy storage project at a solar plant in Chile.

19 May 2023

Four Simpson Thacher & Bartlett LLP offices have helped a subsidiary of Chilean fuel distributor Copec divest its entire portfolio of US petrol stations and convenience stores to Arizona-based retailer Circle K Stores and US convenience store developer Majors Management.

19 May 2023

Three Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP offices have helped Mexican fintech Clara raise US$60 million in an equity funding round.

18 May 2023

Chilean state-owned oil company Empresa Nacional de Petróleo (ENAP) has hired Linklaters in New York and Garrigues (Chile) to raise US$500 million and buy back existing debt through a bond issuance and tender offer.

17 May 2023

Prieto has helped France’s Engie begin operations at its 181-megawatt solar farm in Chile and sign an agreement with Israeli company Ecoppia to provide automated cleaning solutions at the site.

16 May 2023

Latham & Watkins LLP in New York and Basham, Ringe y Correa in Mexico City have helped Chilean personal hygiene group Softys acquire the Mexican operations of Belgian counterpart Ontex Group for €265 million (US$291 million).

11 May 2023

Allen & Overy LLP, Miranda & Amado in Lima and Barros & Errázuriz Abogados in Santiago have helped China Southern Power Grid International (CSGI) sign an agreement to buy Enel’s Peruvian assets for US$2.9 billion, a deal that is now subject to scrutiny by antitrust authority Indecopi.

09 May 2023