Topic: Cross-border M&A

Moody’s snaps up counterpart in Central America and DR

Five offices of BLP, two Aguilar Castillo Love outposts, Medina Garnes Abogados in Santo Domingo and Panama’s Arias, Fábrega & Fábrega have helped credit ratings platform Moody’s acquire counterpart SCRiesgo in Central America and the Dominican Republic.

22 June 2023

Sacyr sells waste treatment company to Morgan Stanley

Cuatrecasas in Madrid, Santiago and Bogotá have helped Spanish infrastructure group Sacyr sell a waste treatment company to an infrastructure fund controlled by Morgan Stanley for €734 million (US$790 million), including the target’s operations in Chile and Colombia.

21 June 2023

London SPAC buys Brazilian mines from UK PE group

UK private equity fund Appian has hired Norton Rose Fulbright in London and Madrona Fialho Advogados and Cescon, Barrieu, Flesch & Barreto Advogados in São Paulo to sell two Brazilian mines to a London-listed special purpose acquisition company (SPAC) for US$1 billion.

16 June 2023

Brazilian firms in US$5.1 billion global car leasing buy

Lefosse and TozziniFreire Advogados in São Paulo has helped French car leasing company ALD buy Dutch counterpart LeasePlan in a global deal worth 4.8 billion euros (US$5.1 billion).

13 June 2023

Holiday Inn buys resorts in Mexico

Seven Greenberg Traurig LLP offices have helped a subsidiary of US hotel chain Holiday Inn acquire a portfolio of hotels from Mexican counterpart Royal Resorts.

09 June 2023

Grupo Carso buys stake in Mexican subsidiary of US energy group

Basham, Ringe y Correa has helped Mexican conglomerate Grupo Carso buy a minority stake in Talos México, the local subsidiary of US energy company Talos, for US$125 million.

08 June 2023

Mexichem buys food additive manufacturer from Colombia’s IMSA

Mijares, Angoitia, Cortés y Fuentes SC and Ritch Mueller y Nicolau, SC, both in Mexico City, have helped local chemicals company Mexichem buy counterpart Neotrimental from Colombia’s Grupo IMSA.

07 June 2023

Several LatAm firms ink US$1.5 billion cross-border insurance buy

Hogan Lovells LLP has acted as lead counsel for insurance group HDI International in its acquisition of the Latin American business of Liberty Mutual Insurance for nearly US$1.5 billion, a deal that includes assets in Brazil, Chile, Colombia and Ecuador.

05 June 2023

Firms steer US$5.7 billion global chemical buy

Six Baker McKenzie LLP offices, Trench Rossi Watanabe in São Paulo and Pérez Bustamante & Ponce (PBP) in Quito have helped Swiss chemicals company Sika buy German counterpart MBCC Group from private equity fund Lone Star in a transaction worth 5.5 billion francs (US$5.7 billion), which included transferring shares in the seller’s various Latin American subsidiaries to the buyer.

30 May 2023

Several firms guide US-Brazil dentistry acquisition

Mello Torres in São Paulo has helped the Swiss subsidiary of US healthcare supplier Henry Schein acquire Brazilian dental implant company Sistema de Implante Nacional (SIN) from Southern Cross, one of Latin America’s largest private equity funds.

22 May 2023

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