Publications

Latin America - April 2013

The Latin American transactional market started the second quarter of 2013 on a good note, with a larger number of deals and deal volume, in April. In fact, 140 deals were registered; both announced and closed generating a total of USD 13,000m. Brazil was again the most active country in the region. Highlights include the merger between Kroton Educacional and Anhanguera Educacional Participações, two of largest education companies in Brazil. The deal value was USD 2,483.97m. Brazil was followed by Mexico with some 20 deals registered, and Chile with approximately 15. Some of the month's largest deals were the...

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Latin America - First Quarter 2013

In the first quarter of 2013, the Latin American transactional market was relatively slow, with a decrease in number of deals. We registered 320 deals, compared to 360 in the same period last year. This transactional activity drop is a tendency also being reflected in other global markets. Nevertheless, the volume invested remained stable with the announcement of some relevant deals, mainly involving both Latin American and foreign companies. Highlights include Repsol’s sales of Atlantic LNG, a Trinidad and Tobago-based company, to UK-based Shell; and of Bahía de Bizkaia Electricidad (BBE), for USD 6,653m...

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Latin America - February 2013

In February, the Latin American transactional market registered less deals than previous month, although deal's volume increased by approximately 54%, with the announcement of several important transactions. Spanish multinational company Repsol reached an agreement to sell assets in Liquid Natural Gas (LNG) to British company Shell. In fact, Repsol will divest Atlantic LNG located in Trinidad and Tobago; LNG located in Peru; and Spain-based Bahía de Bizkaia Electricidad (BBE), for USD 6,653m. Furthermore, Ab InBev, a Belgium-based beer manufacturer, agreed to sell Compañía Cervecera Coahuila, a Mexico-based beer...

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Latin America - January 2013

In January, the Latin American transactional market’s activity decreased compared to December 2012; in number of deals and investment volume. Nonetheless, several relevant transactions were recorded. Mexico-based company Grupo Financiero Banorte acquired AFP Bancomer, held by BBVA, for USD 1,735m. Principal Financial Group, a US-based company, acquired a 63.44% stake in Chilean company AFP Cuprum, for USD 1,500m. By countries, Brazil-based acquirers were the most active with 56 deals registered, followed by Chile (18) and Mexico (14), continuing the trend set in later months in 2012. On the other hand...

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