Latin America
Finance
If you ever had doubts that financial power confers political power, a quick look at Chilean President elect Pinera's campaign spending will nicely prove the point. Pinera spent US$9.6mn on his campaign or 50% of the total spent by 2010 Presidential candidates. On a relative scale, this even dwarves George Bush's US$345mn spending on the 2004 US campaign, which only amounted to...
2010-02-23Brazil / Finance
It seems the woes of the Brazilian IPO market are increasing the scope for M&A activity. We previously identified that in anticipation of concerns over Latin America's largest...
2010-02-17Finance
The divestment of one of Latin America's top airlines is bound to attract attention. When in addition, it is being made by a New President elect, it acquires another dimension, by...
2010-02-08Financing Strategies
Chile
Colombia's state-controlled grid operator Interconexión Eléctrica (ISA) has acquired a 60% stake in the Chilean highway assets of Spanish toll road operator Cintra Concesiones de...
2010-01-06Brazil
In launching a bid for Global Village Telecom Holdings (GVT), Spain's Telefonica is attempting to use the Brazilian operator's high-quality broadband services and multi-regional subscriber...
2009-10-14A consortium of Toronto-based fund-managing firm Brookfield Asset Management and Peru's AC Capitales has been appointed fund manager for the Peru Infrastructure Fund, which was set...
2009-09-30Colombia
Colombia's state oil company Ecopetrol offered US$1.5bn of US denominated 10-year bonds on July 16. The offering, Ecopetrol's first, was met with strong demand from institutional...
2009-07-17Brazil
The race is on. With the Brazilian economy forecast to face increasing headwinds in 2010, local companies are racing to access the nation's capital markets before the window begins...
2010-01-27Brazil
The next big IPO to hit the Brazilian market looks set to be Banco Santander Brazil, the Brazilian subsidiary of Spain's Banco Santander. The bank would be the latest in a line of...
2009-08-11Panama
The Port Authority of Panama (AMP) has launched a programme to privatise three inland ports. The ports are Almirante port, in Bocas del Toro province; Armuelles port, in Chiriquí...
2008-10-01Guatemala
Private equity fund Guatefondo will become the first investment company to sell shares on the country's local stock exchange, the Bolsa de Valores Nacional (BVN). The company will...
2008-09-02If you ever had doubts that financial power confers political power, a quick look at Chilean President elect Pinera's campaign spending will nicely prove the point. Pinera spent US$9.6mn...
2010-02-23Brazil
It seems the woes of the Brazilian IPO market are increasing the scope for M&A activity. We previously identified that in anticipation of concerns over Latin America's largest...
2010-02-17The divestment of one of Latin America's top airlines is bound to attract attention. When in addition, it is being made by a New President elect, it acquires another dimension, by...
2010-02-08The year has started with a bang for Latin American M&A targets, with the US$28.1bn Alcon/Novartis deal followed by three Latin America targeted deals valued over US$1bn in the...
2010-01-18Brazil
Consolidation in Brazil's retail sector is ramping up as smaller businesses are ripe for takeover and there is no shortage of larger, cash-rich players which are keen to take advantage...
2009-06-17Brazil
New data from Dealogic shows that targeted Brazilian M&A has reached US$13.8bn in 2009, down a massive 70% from 2008 year to date's record level of $46.7bn. Indeed, thus far 2009...
2009-05-19Argentina
CFW's prediction of increased consolidation in Europe's infrastructure space (Infrastructure M&A To Hold Up In 2009, CFW, December 2008) played out in a big way this week, with...
2009-02-24Brazil
In a BRL389.1bn (US$17.7bn) move that will create the largest financial group in Latin America, Brazilian bank Itau confirmed on November 5 that it will acquire its smaller rival...
2008-11-06
