Market: International

Nubank acquires Palo Alto AI business in run-up to IPO

Brazil’s Nubank, the world’s largest digital bank, has enlisted four offices of US firm K&L Gates LLP and Cescon, Barrieu, Flesch & Barreto Advogados in São Paulo to acquire Palo Alto-based artificial intelligence company Olivia.

30 November 2021

Brazil's Omie buys fintech and gets Chinese investment

Several firms have advised on Brazilian software company Omie’s acquisition of digital bank Linker and capital increase from Chinese investor Tencent, which was an extension of an investment round in August.

30 November 2021

Colombian gold miner makes dual IPO in Toronto and Bogotá

Gowling WLG LLP in Canada and DLA Piper Martínez Beltrán in Bogotá have helped Medellín-based gold mining company Mineros launch a dual initial public offering in Toronto and Bogotá, raising a total of US$31.5 million.

29 November 2021

LatAm firms in US$15 billion global data centre buy

US investors KKR and Global Infrastructure Partners (GIP) have hired six offices of Kirkland & Ellis LLP, Paul, Weiss, Rifkind, Wharton & Garrison LLP in New York and Washington, DC and 14 offices of international firm Dentons to acquire 50 data centres around the world for some US$15 billion, including assets in Brazil, Chile, Colombia and Mexico.

29 November 2021

Carlyle ups stake in Brazilian restaurant chain Madero

Debevoise & Plimpton LLP in New York has helped US private equity group Carlyle increase its existing stake in Brazilian fast-food chain Madero in a deal worth 300 million reais (US$54 million).

29 November 2021

Bus concessionaires in Bogotá issue sustainable bonds

Baker McKenzie LLP offices in the US and Bogotá have helped three Colombian bus concessionaires raise US$126 million in a sustainable bond offering to fund the purchase of new public transport vehicles.

26 November 2021

Several firms in cross-border solar deal

US solar power developer Array Technologies, owned by investment fund Blackstone, has hired four offices of Kirkland & Ellis LLP, three Cuatrecasas offices and Pinheiro Neto Advogados in São Paulo to acquire Spanish solar panel manufacturer Soluciones Técnicas Integrales Norland (STI Norland) and its Brazilian, Chilean and Mexican operations for 570 million euros (US$498 million).

26 November 2021

Peruvian agribusiness loan calls on four firms

Peruvian agricultural exporter Ecosac has relied on Linklaters in New York and Rubio Leguía Normand in Lima to obtain a US$94 million loan.

26 November 2021

Cleary and Davis Polk return for MercadoLibre equity issuance

Argentine e-commerce giant MercadoLibre has enlisted Cleary Gottlieb Steen & Hamilton LLP in New York to raise nearly US$1.6 billion in an equity offering.

25 November 2021

3R Petroleum raises US$437 million in follow-on offer

Brazilian oil company 3R Petroleum has enlisted Milbank in New York and São Paulo and local firm Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados to sell shares for 2.4 billion reais (US$437 million) in a follow-on offering on the B3 stock exchange.

25 November 2021

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