Market: Mexico

DLA Piper adds partner and counsel in Mexico

Mexico’s DLA Piper Gallástegui y Lozano has strengthened its arbitration and telecoms practices by hiring a partner from local firm Curtis, Mallet-Prevost, Colt & Mosle SC and adding a counsel from the country’s telecoms regulator.

28 July 2021

Mexican airport tender offer makes safe landing after amendments

US firm Cleary Gottlieb Steen & Hamilton LLP and Mexico’s Mijares, Angoitia, Cortés y Fuentes SC have helped air travel company Aerodrome Infrastructure finalise its previously launched tender offer to acquire shares in local counterpart Aeroportuario del Centro Norte (OMA) for 8.4 billion Mexican pesos (US$419 million), following several changes to the original deal.

28 July 2021

Tren Maya railway gets financing

Mexican construction company ICA Empresas has relied on Mijares, Angoitia, Cortés y Fuentes to obtain a loan worth 4 billion Mexican pesos (US$202 million) to construct a portion of the Tren Maya railway on the Yucatán Peninsula.

28 July 2021

Familiar firms in Nemak’s sustainability-linked debt tap

Paul Hasting LLP in New York has helped Mexican automotive parts manufacturer Nemak make its second sustainability-linked bond issuance in less than a month, raising 500 million euros (US$588 million).

27 July 2021

Uber acquires remaining stake in Cornershop

Three Gunderson Dettmer offices in the US and DLA Piper (Chile) have helped grocery delivery start-up Cornershop sell the remaining stake in the company to Uber for US$1.4 billion.

26 July 2021

Several firms seal Cancún hotel acquisition

Latham & Watkins LLP in New York and Chicago has helped Mexico’s Playa Hotels & Resorts sell a hotel in Cancún for 1.1 billion Mexican pesos (US$55 million).

26 July 2021

Brazil’s Hypera buys pharma portfolio from French counterpart

Brazilian pharmaceutical company Hypera Pharma has enlisted local firm Cescon, Barrieu, Flesch & Barreto Advogados to acquire 12 over-the-counter and prescription brands from French counterpart Sanofi for US$190 million.

22 July 2021

Poor political will plagues anti-corruption efforts in Latin America

A study by the Vance Center’s Lawyers Council for Civil and Economic Rights has revealed that several anti-corruption agencies in Latin America lack sufficient independence from government powers to operate effectively, while the absence of political will to fight white-collar crime is dragging the region behind in its anti-corruption efforts.

22 July 2021

Mexico offers more bonds linked to UN development goals

Cleary Gottlieb Steen & Hamilton LLP in New York has advised the Republic of Mexico in its second issuance of sovereign bonds linked to the United Nations’ sustainable development goals in a deal worth 1.25 million euros (US$1.5 million).

22 July 2021

Mexico's Nader Hayaux in real estate loan

Mexican law firm Nader, Hayaux & Goebel has helped a group of banks lend 4.75 billion Mexican pesos (US$239 million) to local shopping centre operator Grupo Frisa.

19 July 2021

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