Market: Latin America & Caribbean

Ecuadorean firms hatch poultry acquisition

Ecuador’s Procesadora Nacional de Alimentos (Pronaca) has enlisted Pérez Bustamante & Ponce (PBP) to acquire Avesca, a local egg producer.

11 October 2021

Lobo de Rizzo bolsters infrastructure practice

Highly Recommended firm Lobo de Rizzo Advogados has strengthened its infrastructure practice by hiring a partner from local firm Portugal Ribeiro Advogados.

08 October 2021

Mexico’s Total Play makes second issuance

Mexican telecoms company Total Play has hired Winston & Strawn LLP in New York and Nader, Hayaux & Goebel in Mexico City to make its second offering on international capital markets, raising US$600 million.

08 October 2021

Wald Antunes boosts dispute resolution practice with promotion

Brazilian firm Wald, Antunes, Vita e Blattner Advogados has strengthened its dispute resolution practice by promoting a new partner.

08 October 2021

Advent and SoftBank inject funds into Brazilian start-up

Simpson Thacher & Bartlett LLP in New York, Lobo de Rizzo Advogados in São Paulo and Creel, García-Cuéllar, Aiza y Enríquez SC in Mexico City have helped Brazilian investment fund Advent inject US$225 million into local e-commerce start-up Merama.

08 October 2021

Argentine firms structure landmark real estate fund

Local firm Viramonte & Acuña Abogados has helped Argentine financial services company Dracma set up the country’s first closed-end real estate fund outside of Buenos Aires as part of a US$60 million transaction.

08 October 2021

Colombian equity fund buys electricity plant

The Colombian Infrastructure Equity Fund (CIEF) has turned to Baker McKenzie (Colombia) to purchase an electricity generation plant from investment group Fondo Ashmore Andino.

08 October 2021

Baker McKenzie appoints new LatAm head

Global law firm Baker McKenzie LLP has appointed the former managing partner of the firm’s Buenos Aires office, Gustavo Boruchowicz, to replace Jaime Trujillo as head of its Latin American practice.

07 October 2021

Brazilian renewables business Omega merges subsidiaries

Stocche Forbes and BMA - Barbosa, Müssnich, Aragão have helped Omega Geração and Omega Desenvolvimento undergo a corporate reorganisation, merging  the two renewables businesses into Omega Energia, a company that is now worth 10.6 billion reais (US$1.98 billion).

07 October 2021

IDB Invest finance Uruguayan transmission line

Posadas, Posadas & Vecino in Montevideo have helped Uruguay’s República Administradora de Fondos de Inversión obtain a US$88 million financing package from IDB Invest to complete works on a transmission line.

07 October 2021

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