Market: Chile

Casino owners to bet on arbitration against Chile

Three casino operators have instructed counsel as they prepare to file an International Centre for Settlement of Investment Disputes (ICSID) claim against Chile over a public tender process for casino concessions that they allege is illegal and favours competitors.

16 November 2020

Chilean financial cooperative makes US$1 billion global issuance

Clifford Chance LLP in London and Philippi Prietocarrizosa Ferrero DU & Uría (Chile) have helped Chilean financial cooperative Coopeuch issue notes for US$1 billion.

16 November 2020

Dentons, Barros & Errázuriz and Baker McKenzie in Chilean insurance buy

Dentons (Chile) has helped Crawford & Company, one of the world’s largest claims management insurers, acquire its Chilean partner company Crawford Cavallo, including several subsidiaries.

12 November 2020

Several LatAm firms in US$3.2 billion cross-border salt mining deal

Gibson, Dunn & Crutcher LLP in Los Angeles and Munich and Chilean firm Claro & Cía have helped US holding company Stone Canyon Industries acquire German chemicals company K+S’ salt mining business in Brazil, Chile, Peru, Canada and the US for US$3.2 billion.

11 November 2020

Walmart Chile sued for abusive contractual terms

A food suppliers association, which includes Coca Cola, Nestlé and Unilever, has sued Walmart Chile for allegedly abusing its dominance in the food retail market by imposing unfair contract conditions on suppliers.

11 November 2020

US private equity group buys stake in BNamericas

Curtis, Mallet-Prevost, Colt & Mosle LLP in New York and Chile’s Lembeye Abogados have helped Latin American digital business resource BNamericas sell a majority stake in the company to Endicott Growth Equity Partners.

09 November 2020

Colombia’s ISA acquires 4G toll road for US$528 million

Clifford Chance LLP in New York, São Paulo and London and Brigard Urrutia in Bogotá have helped the Chilean subsidiary of Colombian transport operator Interconexión Eléctrica (ISA) buy a toll road concession in northern Colombia for US$528 million.

06 November 2020

Peru’s Grupo Gloria enters Chile with cement buy

Miranda & Amado Abogados in Lima and Barros & Errázuriz Abogados in Santiago have helped Peruvian conglomerate Grupo Gloria enter Chile by acquiring a minority stake in local cement maker Cementos Bío Bío for US$47 million.

06 November 2020

Chilean miner Antofagasta makes first bond issuance

Two Sullivan & Cromwell LLP offices and Jara Del Favero Abogados in Santiago have helped Chilean conglomerate Antofagasta make an inaugural bond issuance worth US$500 million.

05 November 2020

PPU elects new regional management

Philippi Prietocarrizosa Ferrero DU & Uría has put a new management model in place and elected Colombia-based Martín Acero as new regional managing partner across Chile, Colombia and Peru.

03 November 2020

Get unlimited access to all Latin Lawyer content