Market: Mexico

After one year of covid-19, what have we learnt?

A year after everything changed, Jaime Fernández Madero of Fernández Madero Consulting says now is the time to set aside old beliefs to fully embrace the new world.

13 April 2021

Eight firms in US$29 billion Mexico-US-Canada railway merger

Eight international and Mexican law firms have helped Canadian Pacific Railway and US counterpart Kansas City Southern sign a US$29 billion cash and stock merger, creating the first railroad connection between Mexico, the US and Canada.

13 April 2021

KKR snaps up Mexican assets in US$3.4 billion Sempra deal

Five Simpson, Thacher & Bartlett LLP offices and Creel, García-Cuéllar, Aiza y Enriquez SC in Mexico City have helped private equity group KKR buy a minority stake in US energy company Sempra’s newly launched infrastructure business for US$3.4 billion, giving it a share in Mexican energy business IEnova.

12 April 2021

Creel García-Cuéllar helps IDB Invest issue gender-focused social bonds

Creel, García-Cuéllar, Aiza y Enriquez SC has helped IDB Invest issue social bonds worth US$122 million to finance gender equality and female empowerment projects in Mexico, in line with the United Nations’ sustainable development goals.

01 April 2021

Parking investors threaten Mexico

Two US companies have threatened Mexico with North American Free Trade Agreement (NAFTA) legacy claims over their investments in Mexico City’s parking system – as a proposed law to boost screenings of local films leads to speculation about potential treaty claims.

01 April 2021

Santander targets total ownership of Mexican unit

Spain’s Banco Santander is launching a bid to reacquire the remaining stake in the Mexican unit it sold almost a decade ago.

31 March 2021

Mexico conducts largest-ever cartel probe

Mexico's competition enforcer has accused 56 liquefied petroleum (LP) gas suppliers and 34 individuals of sharing markets and colluding on prices, in what it says is its largest-ever investigation.

23 March 2021

Braskem investigates bribery allegations in Mexico

Brazilian petrochemical company Braskem has hired Paul Hastings LLP to investigate bribery allegations in Mexico.

18 March 2021

Aeroméxico accesses DIP financing after trade union agreement

De la Vega & Martínez Rojas, SC has helped Mexican flag carrier Aeroméxico reach an agreement with two trade unions to cut labour costs and make the savings necessary to access the remaining tranche of its US$1 billion debtor-in-possession (DIP) financing.

17 March 2021

Odebrecht venture settles ethane dispute with Pemex

A subsidiary of Brazilian construction group Odebrecht has reportedly settled an International Chamber of Commerce (ICC) arbitration with Mexico’s state oil company Pemex over an ethane supply contract for a US$5.2 billion petrochemical complex.

12 March 2021

Get unlimited access to all Latin Lawyer content