According to Transactional Track Record (TTR) platform, the number of transactions in Chile year to date decreased 28% compared to 2019. The total number of trades was 143, far from the 263 of last year.

If we narrow the analysis on the third quarter of the year, there is room for optimism. The number of transactions increased by almost 53% from the previous quarter and, the most impressive, the total aggregate value of the transactions rise to more than 450% of the second quarter. (See table).

The decrease in the total aggregate value of the transactions year to date is the most concerning aspect. The reduction of 67% regards the past year shows the effect of the COVID pandemic. Even though the rising of transactions and value from the third quarter regarding the two previous quarters, the comparison with the 3rd quarter of 2019 shows that it was a bad period no matter the rise on the flow. A 25% decrease in the number of operations and 70% of the aggregate value of them from the 2019 3rd quarter leave no space to doubt about it.

Chilean transactions are experiencing a massive impact in 2020; there are not many discussion onto this.

The United States remains as the country of origin of most of the inversions in Chile, and Mexico is the prefered target of Chilean investors.

The most significant deal of the third quarter was the acquisition of Instituto Profesional AIEP (pictureed) by Universidad Andrés Bello to Laureate Education for $214.6 million. Jones Day US did the Due Dilligence for the seller with a team led by partner Scott Levine.

Source: Iberian Lawyer - Spain