M&A News

Chile-based and UK-listed miner Antofagasta has received a US$1.4bn cash injection from Japan's Marubeni Corporation. The two companies entered into an agreement on August 24 in which... 2008-08-27

In a rare joint venture, China National Petroleum Corporation (CNPC) and Sinopec Group have reportedly made a joint bid of between US$1.5bn-US$2.5bn for Peruvian offshore oil and... 2008-08-20

Not a week goes by without activity in Latin America's oil and gas sector, and this week is no exception, as São Paulo-listed fuels and petrochemicals group Ultrapar Participações... 2008-08-18

Brazilian state-controlled oil company Petróleo Brasileiro (Petrobras) has agreed to buy US major ExxonMobil's stake in Esso Chile Petrolera, and its assets in other associated Chilean... 2008-08-11

In another indication that the UK's Alliance Boots is looking to emerging markets to expand its pharmaceutical wholesale business, the company has purchased a 25% stake in Brazil's... 2008-08-07

South Africa's AngloGold Ashanti has entered into an agreement with Eldorado Gold to acquire 100% of its wholly owned subsidiary São Bento Mineração. AngloGold will pay US$70mn... 2008-08-07

More news from Brazil this week, as a US$5.5bn mining deal gets back on track after being temporarily derailed by some potential legal difficulties. Brazilian iron ore and pellet... 2008-07-31

The Argentine government will buy back Aerolineas Argentinas from Spain's largest tour operator Grupo Marsans . A price tag has yet to be disclosed, but the government will own 99.4%... 2008-07-24

Emerging markets-focussed telecommunications company Millicom has agreed to pay US$510mn for privately-owned Amnet Telecommunications. The acquisition will expand Millicom's presence... 2008-07-23

The acquisition gives the company access to a distribution network of 4,000 active independent brokers through 50 branches and extends its reach in the state of Minas Gerais. Jaime... 2008-07-17