Market: International

Familiar firms in 3R follow-on

Brazil’s Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados have helped oil company 3R Petroleum make a follow-on offering worth 823 million reais (US$148 million), nearly four months after it launched Brazil’s first IPO in the oil and gas sector in nearly a decade.

20 April 2021

Chilean car importer seeks support for pre-pack restructuring

Chilean car importer Automotores Gildemeister has commenced solicitation for a pre-packaged Chapter 11 process to reduce its debt by over US$200 million, after restructuring its senior notes in 2019 and 2016.

20 April 2021

Univision and Televisa form largest Spanish-language media group

A slew of international and Mexican law firms has helped US broadcasting network Univision and Mexico’s Televisa in a US$4.8 billion merger to create the world’s largest Spanish-language media company, backed by Google, Japan’s SoftBank and US investor The Raine Group.

19 April 2021

Colombian power company brings arbitration claim against Chile

A Colombian state-owned power company has filed an International Centre for Settlement of Investment Disputes (ICSID) claim against Chile over the construction of a major electricity transmission line.

19 April 2021

Mexico’s IEnova snaps up wind farm from Actis subsidiary

Mijares, Angoitia, Cortés y Fuentes SC in Mexico City has helped local energy group IEnova increase its stake in a wind farm in northern Mexico for US$83 million.

19 April 2021

Uruguay conditionally clears Iberia-Air Europa deal

Uruguay’s antitrust authority has imposed remedies on a merger for the first time as it conditionally approved Iberia’s proposed purchase of Air Europa.

19 April 2021

ViacomCBS buys major Chilean TV network from WarnerMedia

Shearman & Sterling LLP in New York and Philippi Prietocarrizosa Ferrero DU & Uría (Chile) have helped US media group ViacomCBS acquire Chilean broadcaster Chilevisión and its Spanish-language streaming platform from US counterpart WarnerMedia.

16 April 2021

Ecuador faces arbitration claim over mining project

Chile’s state-owned copper company has filed an International Chamber of Commerce (ICC) claim against Ecuador over the alleged failure of its national mining company to develop a multibillion copper project near Quito.

16 April 2021

Baker McKenzie appoints Mexican partner to global real estate head

Global law firm Baker McKenzie LLP has elected its current Latin American real estate head and Mexico partner Juan Bernardo García to lead the firm’s global operations in the field.

15 April 2021

Chile makes first sovereign sustainable bond offering

The Republic of Chile has hired Linklaters in New York, Lee and Li in Taipei and Morales & Besa in Santiago to issue the country’s first sovereign sustainable bonds, raising US$1.5 billion.

15 April 2021

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