Market: Chile

Advent invests in Cemex tech group

Simpson Thacher & Bartlett LLP in New York and Palo Alto, five DLA Piper LLP offices and Mexican firms Creel, García-Cuéllar, Aiza y Enríquez SC and González Calvillo, SC have helped US private equity fund Advent International acquire a majority stake in technology consultancy group Neoris from Cemex.

19 August 2022

Chile's CMPC expands in Brazil with financing

Cuatrecasas (Chile) and Pinheiro Neto Advogados in São Paulo have helped Chilean paper company CMPC and its subsidiary Softys Brasil obtain financing worth US$88 million in two separate loan deals.

17 August 2022

Innergex refinances Chilean renewables for US$803 million

Four offices of DLA Piper LLP have helped Canadian renewables group Innergex issue US$710 million worth of green bonds and obtain a US$93 million loan to refinance its operations in Chile.

16 August 2022

UK car dealer Inchcape buys Chilean counterpart Derco

British automotive company Inchcape has enlisted Herbert Smith Freehills in London, Claro & Cía in Santiago, Brigard Urrutia in Bogotá, Bolivian firm PPO Abogados and Rodrigo, Elías & Medrano Abogados in Lima to acquire Chilean counterpart Derco for £1.3 billion (US$1.5 billion).

11 August 2022

Clyde & Co merges with Chile’s Grasty Quintana and Halpern Pino

Clyde & Co LLP has established an office in Chile by formalising its existing association with Grasty Quintana Majlis, while also incorporating local outfit Halpern Pino.

09 August 2022

International investors halve stake in Chile’s Consorcio Financiero

Carey has helped the International Finance Corporation (IFC) and US private equity investor Calverton each sell half of their stakes in Chilean finance group Consorcio Financiero for US$87 million.

09 August 2022

Carey shines in Tianqi’s Hong Kong IPO

Latham & Watkins LLP in Hong Kong and Carey in Santiago have helped Chinese lithium company Tianqi – a shareholder in Sociedad Química y Minera de Chile (SQM) – raise US$2 billion in an initial public offering, the largest in Hong Kong so far this year.

08 August 2022

ICSID counsel joins arbitration boutique Jana & Gil in Chile

Francisco Grob has left the International Centre for Settlement of Investment Disputes (ICSID) after seven years as legal counsel to join Jana & Gil Dispute Resolution, the Chilean boutique recently launched by former members of Bofill Mir & Álvarez Jana Abogados.

05 August 2022

Chilean fishing company renegotiates debt

Cuatrecasas (Chile) has helped local fishing group Lota Protein amend US$213 million worth of loan agreements with Norway’s DNB Bank.

05 August 2022

PPU hires former Chilean ambassador to China

The former Chilean ambassador to China – Luis Schmidt – has joined Philippi Prietocarrizosa Ferrero DU & Uría (Chile) to lead the Elite firm’s Asia desk.

01 August 2022

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