Market: International

KKR snaps up Mexican assets in US$3.4 billion Sempra deal

Five Simpson, Thacher & Bartlett LLP offices and Creel, García-Cuéllar, Aiza y Enriquez SC in Mexico City have helped private equity group KKR buy a minority stake in US energy company Sempra’s newly launched infrastructure business for US$3.4 billion, giving it a share in Mexican energy business IEnova.

12 April 2021

Argentine power provider enters Chapter 11

Power plant operator Stoneway Capital Corporation has applied for Chapter 11 protection in the US and is likely to abandon its Canadian restructuring, after environmental claims filed against it in Argentina prevented the extension of a standstill agreement with creditors.

12 April 2021

Brazilian firms in US health consultancy acquisition

Latham & Watkins LLP in New York and Lefosse Advogados in São Paulo have helped US health information and technology company Cerner acquire healthcare consultancy Kantar Health for US$375 million, handing it assets in Brazil.

09 April 2021

Sidley Austin and Mattos Filho set up Vinci Partners impact fund

Three Sidley Austin LLP offices and Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados in São Paulo have helped Brazilian private equity company Vinci Partners structure an impact fund and help it raise 1 billion reais (US$179 million).

09 April 2021

Nicaraguan avocado dispute ripens at ICSID

A US company has filed a US$590 million International Centre for Settlement of Investment Disputes (ICSID) claim against Nicaragua over its investment in an avocado plantation that was allegedly destroyed by armed paramilitary forces.

09 April 2021

US-Spain private equity financing calls on Peruvian firms

Hogan Lovells LLP in Madrid and Miranda & Amado Abogados in Lima have helped a vehicle of US private equity company ACON Investments get a loan to fund its acquisition of a majority stake in Spanish canned vegetables distributor Sola de Antequera (Alsur).

09 April 2021

Morgan Lewis hires LatAm partner from Hunton Andrews Kurth

US law firm Morgan, Lewis & Bockius LLP has added a Latin America-focused insurance partner in Washington, DC by hiring from Hunton Andrews Kurth LLP.

08 April 2021

CMPC issues Chile’s first sustainability-linked bonds

Barros & Errázuriz Abogados has helped paper company Inversiones CMPC become the first Chilean company to issue sustainability-linked bonds, raising US$500 million.

08 April 2021

Ecuador faces second arbitration over Amazon oil projects

An Argentine-owned energy company is bringing a United Nations Commission on International Trade Law (UNCITRAL) claim against Ecuador over the termination of contracts to exploit Amazonian oil projects, a dispute that has already given rise to a US$515 million award against the state.

08 April 2021

Four firms help Bracell to US$980 million pulp financing

White & Case LLP in London and Beijing and Lefosse Advogados in São Paulo have helped pulp producer Bracell get a US$980 million financing to expand a mill in Brazil.

31 March 2021

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