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Brazil - First & Second Quarter 2014

June 2014
Brazil - First & Second Quarter 2014
Pages: 27
Format: .PDF

In the second quarter of 2014, the Brazilian transactional market registered 170 deals, both announced and closed, compared with 180 recorded in the previous quarter. Regarding the same period last year, there was a decrease of approximately 16% in the number of deals. The investment volume generated this quarter was approximately BRL 48,60bn, taking into account deals with registered values.

Regarding cross-border deals, Brazilian companies made six acquisitions abroad, two in Spain and the others in Uruguay, Paraguay, France and Chile. As far as acquisitions carried out by foreign companies in Brazil, 60 transactions were recorded. US-based acquirers were the most active with 19 acquisitions registered.

The private equity sector was less active in the transactional market compared with the first quarter of 2014. A total of 17 deals were registered and the investment volume generated was BRL 7,70bn, taking into account deals with registered values.

In the Brazilian capital markets sector, there were no IPOs registered this quarter. In 2013, the market registered ten IPOs, which generated BRL 17,00bn.

This quarter’s highlighted deal was the acquisition carried out by Iguatemi and US-based pension fund TIAA – CREF of a 50% stake in Shopping JK Iguatemi, for BRL 400m.


Sponsored by:


Shopping JK Iguatemi  - Shopping Center.

Financial Advisors

Legal Advisors

- RANKING 1st and 2nd quarter 2014 -
BRAZIL
Mergers and Acquisitions - Brazil
Financial Advisors
By No. of transactions
Ranking 1Q 2Q 2014 FINANCIAL ADVISOR No. of Transactions
 
1 Banco Santander 16
 
2 Banco Itaú Unibanco 15
 
3 Banco BTG Pactual 13
 
4 Banco Itaú BBA 11
 
5 Banco Bradesco BBI 4
 
6 Credit Suisse Group 4
 
7 Rothschild 3
 
8 Bank of America Merrill Lynch 3
 
9 Citigroup 3
 
10 Goldman Sachs 2
 
By total value of transactions
Ranking 1Q 2Q 2014 FINANCIAL ADVISOR Total value (BRLm)
 
1 Banco Santander 25.911,84
 
2 Rothschild 19.431,00
 
3 Bank of America Merrill Lynch 14.697,00
 
4 Goldman Sachs 14.526,00
 
4 UBS 14.526,00
 
5 Banco BTG Pactual 8.908,35
 
6 Banco Itaú BBA 7.733,24
 
7 Banco Bradesco BBI 6.736,26

 

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