Topic: Cross-border M&A

Nader Hayaux and Hogan Lovells guide insurance acquisition

Nader, Hayaux & Goebel has helped Spanish insurance company Mapfre acquire Mexican counterpart Insignia Life for €86 million (US$94 million).

16 August 2023

Mitsui invests in Ecuadorean shrimp farming giant

Three Cleary Gottlieb Steen & Hamilton LLP offices and Ecuadorean firms Bustamante Fabara and ROBALINO have helped Japanese conglomerate Mitsui inject US$360 million into Ecuador’s Industrial Pesquera Santa Priscila (IPSP), one of the world’s largest shrimp farming companies.

15 August 2023

Dentons and Vargas steer software buy in Uruguay

UK-based Vesta Software has enlisted Dentons Jiménez de Aréchaga to acquire Uruguayan counterpart GSoft.

14 August 2023

Citi acquires Deutsche Bank’s Mexican licence as it eyes IPO

International firm White & Case LLP and Creel, García-Cuéllar, Aiza y Enríquez SC in Mexico City have helped Citigroup acquire Deutsche Bank’s Mexican banking licence, moving the US financier one step closer to launching an IPO for its local subsidiary Banamex.

11 August 2023

Galicia features in German-Taiwanese car JV

German automotive group ZF Friedrichshafen has hired Galicia Abogados to enter into a joint venture with Taiwanese electronics manufacturer Hon Hai Technology to develop car parts, including a production line that will involve all 16 of ZF’s factories in Mexico.

11 August 2023

Mexican firms steer tourism acquisition

Holland & Knight (Mexico) has helped a group of real estate developers acquire Promociones Turisticas, a holding company that controls a popular marina in the western state of Baja California Sur.

08 August 2023

Israeli fund divests stake in luxury São Paulo shopping centre

Brazilian firm Daló e Tognotti Advogados has helped local investor JHSF Capital acquire a stake in a São Paulo shopping centre from Israeli real estate group Gazit-Globe, paying 562 million reais (US$119 million).

08 August 2023

Saudi Arabian investors inject US$3.4 billion into Vale subsidiary

Five Cleary Gottlieb Steen & Hamilton LLP offices and Demarest Advogados in São Paulo have helped the base metals subsidiary of Brazilian mining giant Vale receive a US$3.4 billion investment from Saudi Arabia’s Manara Minerals and Californian investment fund Engine No. 1.

07 August 2023

US credit bureau Equifax snaps up Brazil’s Boa Vista

Four Hogan Lovells LLP offices and Machado Meyer Advogados in São Paulo have helped the Brazilian arm of US consumer credit reporting agency Equifax acquire local counterpart Boa Vista in a deal worth 3.1 billion reais (US$583 million).

04 August 2023

US confectioner buys Brazilian counterpart Dori

Willkie Farr & Gallagher LLP in New York and Mattos Filho in São Paulo have helped Ferrera Candy Company – the largest sugar confectioner in the US – acquire Dori Alimentos, one of Brazil’s leading manufacturers and distributors of sweets and snacks.

03 August 2023

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