Market: Chile

LatAm governments must deliver on anti-corruption promises

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 and DLA Piper guide LarraínVial pharma buy

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

BlackRock snaps up solar assets in Chile

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

01 June 2023

Innergex gets US$50 million for solar storage project in Chile

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

Chile’s Copec exits US with convenience store divestment

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

Mexican fintech Clara raises funds in equity round

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

Chile’s ENAP makes concurrent bond and tender offer

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

Engie’s Chilean solar power plant becomes operational

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

Chile’s Softys buys Mexican assets from Belgian hygiene group

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

Enel agrees to sell Peruvian assets amid debt reduction strategy

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

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