Market: International

Canadian miner goes for gold with royalties buy in Peru

Canada’s Maverix Metals has enlisted Dentons (Peru) to buy a portfolio of global mining royalties, including the smelter return proceeds of one of Peru’s largest mines, from Toronto-based Barrick Gold in a US$60 million deal.

21 October 2022

Oaktree strikes up real estate investment with Brazil’s BlueMacaw

Demarest Advogados has helped US investor Oaktree Capital Management partner with Brazilian counterpart BlueMacaw to set up a real estate investment fund worth 235 million reais (US$45 million).

21 October 2022

IFC lends to Peruvian bank to back female-led businesses

Hunton Andrews Kurth LLP in Washington, DC and BBGS Abogados (Peru) have helped financial institution Caja Arequipa obtain a 198 million soles (US$50 million) loan from the International Finance Corporation (IFC).

21 October 2022

Anti-corruption lawyers meet for investigations summit in São Paulo

Legal practitioners from across Latin America and the US have returned to São Paulo for Latin Lawyer and Global Investigations Review’s 10th anti-corruption conference, which highlighted the progress made throughout the region in fighting white-collar crime and the importance of cross-border cooperation.

20 October 2022

Cosan acquires minority stake in Vale

Brazilian firm Pinheiro Neto Advogados has helped energy company Cosan acquire a minority stake in mining giant Vale, a deal worth some 21 billion reais (US$4 billion).

19 October 2022

TransMilenio concessions get US$96 million injection in Bogotá

Latham & Watkins LLP in New York and Colombian firm Gómez-Pinzón have helped three electric bus concessions in Bogotá obtain a US$96 million credit line from French investment bank Natixis, the latest in a string of financings for the expansion of the city’s TransMilenio system.

19 October 2022

Panama defeats arbitration claim over corruption probe

Panama has defeated an International Centre for Settlement of Investment Disputes (ICSID) claim worth over US$100 million brought by a US engineering company and its CEO who said they were unjustly targeted by corruption and money laundering probes.

19 October 2022

FEMSA spends US$1.2 billion on Swiss convenience store group

Bär & Karrer in Zürich has helped Swiss convenience store group Valora sell its business to Mexican beverage business FEMSA, a deal worth US$1.2 billion.

18 October 2022

GIP buys LatAm renewables group Atlas from Actis

Several firms have helped US investor Global Infrastructure Partners (GIP) acquire Latin American renewable energy developer Atlas from UK private equity group Actis.

17 October 2022

Woods & Smith adds Guadalajara office with two new partners

US firm Woods & Smith LLP has added a new outpost in Guadalajara by hiring two energy partners from Mexican outfit BRAB.

14 October 2022

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