Topic: Privatisations

Two Cleary Gottlieb Steen & Hamilton LLP offices and Stocche Forbes Advogados in São Paulo have helped the Brazilian state of Paraná privatise electricity provider Companhia Paranaense de Energia (Copel) through a 5.2 billion reais (US$1 billion) follow-on offering.

16 August 2023

Tauil & Chequer Advogados in association with Mayer Brown has helped Brazilian sanitation group Aegea issue 3 billion reais (US$618 million) worth of debentures to finance the privatisation of Rio Grande do Sul’s state-owned Companhia Riograndense de Saneamento (Corsan).

31 July 2023

Lefosse has helped Swiss airport operator Zurich Airport place a 320 million reais (US$64 million) winning bid for a 30-year concession for São Gonçalo do Amarante Airport (ASGA) in northeastern Brazil, the first time that a local airport concession has been rebid.

07 June 2023

Tauil & Chequer Advogados in association with Mayer Brown has helped state-owned development bank BNDES structure the privatisation of Companhia Brasileira de Trens Urbanos (CBTU), a company that held the concession of the public railway transport in Minas Gerais.

20 January 2023

Demarest Advogados has helped an infrastructure investment fund managed by São Paulo-based private equity group Fram Capital win a bid to maintain the Chapada dos Guimarães national park in Brazil’s western state of Mato Grosso.

16 January 2023

Brazil’s largest privately held sanitation company Aegea has hired Tauil & Chequer Advogados in association with Mayer Brown to place a 1.4 billion reais (US$264 million) winning bid for the concession of waste treatment services in the northern state of Ceará.

13 January 2023

Tauil & Chequer Advogados in association with Mayer Brown and Souto Correa Advogados have helped Brazilian sanitation company Aegea place a 4.2 billion reais (US$784 million) winning bid to take control of Companhia Riograndense de Saneamento (Corsan), Rio Grande do Sul’s state-owned sanitation business.

04 January 2023

Tauil & Chequer Advogados in association with Mayer Brown has helped state-owned development bank BNDES structure the privatisation of state-owned food company Ceasaminas, which plans to auction off its shares and assets for 423 million reais (US$79 million) by the end of the year.

02 December 2022

Featured in The Guide to Mergers & Acquisitions - Third Edition

As the business environment in Latin America continues to evolve and markets become fiercely competitive, it is inevitable that governments increasingly use the sale of public assets or state-owned companies as means to obtain liquidity and successfully exit highly demanding and cash-intensive operations they are no longer able to run efficiently.

02 December 2022

Demarest Advogados and Lefosse have helped two different bidders win concessions to operate Brazilian airports.

01 September 2022