Market: Latin America & Caribbean

Mexican investor scores stake in Spanish football club

Uría Menéndez in Madrid and Von Wobeser y Sierra, SC in Mexico City have helped Mexico’s Grupo Orlegi – the owner of several local football clubs – buy a majority stake in Spanish team Real Sporting de Gijón.

26 July 2022

Telefônica Brasil issues sustainability-linked debentures

Telefônica Brasil has enlisted Mattos Filho to make a 3.5 billion reais (US$641 million) debenture offering, which is linked to environmental and social goals.

26 July 2022

White-collar crime partner returns to SiqueiraCastro

Brazilian Highly Recommended firm SiqueiraCastro has welcomed back a former white-collar crime partner, following less than two years as a solo practitioner.

25 July 2022

Tenaris signs US$460 million US pipe maker acquisition

Argentine steel manufacturer Tenaris has enlisted US firms Sullivan & Cromwell LLP and Jones Walker LLP, and Mitrani Caballero & Ruiz Moreno in Buenos Aires to buy Louisiana-based seamless steel pipe manufacturer Benteler for US$460 million.

25 July 2022

Brookfield sells hydroelectric plants in Brazil

The cement and energy subsidiaries of Brazil’s Companhia Siderúrgica Nacional (CSN) have turned to Ulhôa Canto, Rezende e Guerra Advogados to buy two hydroelectric power plants from Canadian asset manager Brookfield.

25 July 2022

Avianca JV accused of breaching merger condition

Colombia’s competition enforcer has launched an investigation into whether the country’s largest airline and a local travel agency breached a merger condition after the authority conditionally approved their joint venture in 2018.

25 July 2022

Several firms wrap up Argentina-US snack buy

Argentine food company Georgalos has enlisted Estudio Alegria Buey Fernández Fissore Montemerlo to buy several assets, including the historic peanut butter nougat brand Mantecol, from US confectionary giant Mondelēz.

25 July 2022

São Paulo water company gets blue loans from IFC and IDB Invest

Two Clifford Chance LLP offices and Cescon, Barrieu, Flesch & Barreto Advogados in São Paulo have helped Brazilian state-owned water group Companhia de Saneamento Básico do Estado de São Paulo (SABESP) obtain two separate loans from multinational lenders IFC and IDB Invest, worth a total of 1.2 billion reais (US$230 million).

25 July 2022

Gunderson Dettmer opens São Paulo office

Venture capital-focused US law firm Gunderson Dettmer Stough Villeneuve Franklin & Hachigian LLP is betting on increased work in Latin America with an outpost in São Paulo.

22 July 2022

Carey appoints two directors

Chilean Elite firm Carey has bolstered its data protection, technology and intellectual property practices by promoting two practitioners to director.

22 July 2022

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