Publications
April 2012
April 2012
BRAZIL
In April, the Brazilian transactional market registered almost the same number of deals as the average of previous three months, although a 5.4% lower than March.
The United States, once more, was the major investor in Brazilian companies, followed by Japan, with three deals registered. The Services and Distribution sector was again the most active, with 18 deals registered. Ambev carried out April's largest deal, announcing the acquisition of a 50% stake in Tenedora CND, which holds 83.5% of CND - Cervecería Nacional Dominicana's capital. The deal value was BRL 1,8400bn. Highlights include the acquisition by Farmais, held by BR Pharma, of a 40% stake in Beauty'in, a manufacturer of cosmetic products, for BRL 30.66m. Furthermore, BR Investimentos acquired a minority stake in Anima Educação, for BRL 100m
LATIN AMERICA
In April, the Latin American transactional market maintained the same level of activity as in previous month. Chile, Argentina and Mexico registered most of the deals. In addition Mexico carried out the largest transactions of the month, such as Grupo Elektra with the acquisition of Advance America, a USA-based company, for USD 78m. Highlights include the acquisition by CPP Investment Board, a Canada-based investment fund, of a 49.9% stake in Grupo Costanera, a Chile-based highway construction and exploitation company, held by Autostrade per l'Italia, a subsidiary of Italy-based Atlantia. The deal value was USD 1,127m.
