Market: Mexico

US fruit group grows LatAm presence with double purchase

Multiple firms have helped US fruit group Frutura acquire two agribusinesses in Chile and the US respectively, including its berry-growing operations across Latin America.

08 November 2023

Cemex refinances US$3 billion worth of debt

Skadden, Arps, Slate, Meagher & Flom LLP in New York has helped Mexican behemoth Cemex renegotiate US$3 billion worth of debt.

07 November 2023

Nader Hayaux steers US$135 million St. Regis resort financing

Nader, Hayaux & Goebel has helped a syndicate of lenders grant a US$135 million loan to Spanish hospitality group AB Living for development projects at a St. Regis hotel in Mexico’s popular tourist resort of Riviera Maya.

07 November 2023

Galicia adds Meta associate GC as counsel

Mexico’s Galicia Abogados has added firepower to its technology, media and telecoms (TMT) practice by hiring an associate GC from Meta as counsel.

06 November 2023

Mayer Brown and Gibson Dunn distil Lewis Hamilton agave drink JV

Mayer Brown (Mexico) has helped spirits distiller Casa Lumbre enter into a partnership with seven-time Formula 1 world champion Lewis Hamilton to launch a non-alcoholic agave spirit.

06 November 2023

Rebaza Alcázar establishes Mexico presence with finance counsel

Peru’s Rebaza, Alcázar & De Las Casas has promoted a Mexico City-based senior associate to counsel in its finance practice, part of the Highly Recommended firm’s plans to target more cross-border work.

03 November 2023

NAFTA award survives appearance of bias

A Canadian court has refused to revive a US$3 billion North American Free Trade Agreement (NAFTA) claim against Mexico despite finding that the conduct of the state’s appointed arbitrator gave rise to a reasonable apprehension of bias.

03 November 2023

The Latin American M&A Market from an ESG Perspective

Featured in The Guide to Mergers & Acquisitions - Fourth Edition

Even ahead of regulation, ESG is generally considered both a driver of value in M&A and a means of reducing risks associated with post-acquisition operations. Although Latin America lags behind other regions in adopting ESG practices, Latin American companies are increasingly working to improve ESG standards.

31 October 2023

Preliminary Legal Documents in Mexican M&A Transactions

Featured in The Guide to Mergers & Acquisitions - Fourth Edition

In most civil law jurisdictions, there is no specific legal framework around preliminary legal documents, which presents challenges that have been addressed by market participants in different and creative ways.

31 October 2023

Indemnity Escrows and Other Payment Guarantees

Featured in The Guide to Mergers & Acquisitions - Fourth Edition

Market conditions in certain countries may force some sellers towards a more buyer-friendly approach when negotiating indemnification provisions, with the aim of getting deals closed in a buyer’s market.

31 October 2023

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