Chinese companies see a window of opportunity to scoop up LatAm businesses and are poised to invest much greater sums. However, the region demands firmer commitment.
Category: 2009
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Petrobras-China: No Oil for Loans
Petrobras has secured a surprise jumbo financing from China in return for guaranteed oil supply. However, lack of detail suggests the deal may never be consummated.
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Brazilian Corporate Governance: Are New Rules Enough?
As regional default risk ticks higher, investors are looking much more closely at how companies are run. New Brazilian governance rules are welcomed, but will they prove toothless?
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Peru Water Financing: Cleaning Up
A recently granted $350 million concession to develop the Taboada sewage treatment plant raises hopes that Peru is ready to deal with the politically charged issue of water.
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EXCLUSIVE: América Móvil: Scarcity Value
América Móvil is cautiously optimistic in the face of regional recession. The main challenge for investors is sourcing its securities, which are tightly held and being repurchased.
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Scandal Prompts Crackdown
From a cloud of financial scandal comes the silver lining that regulators may strengthen oversight. Burned banks are tightening up due diligence.
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EXCLUSIVE: Colombia’s EPM Reaches Across Borders
Major Colombian utility EPM aims to become one of the region’s largest. Cross-border acquisitions and financing is the next stage.
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Travel Poll: Still Moving, Despite Downturn
Flights, hotels, restaurants, bars, breaks to enjoy museums or city parks – all still a vital part of the job as it takes you throughout LatAm? Cutbacks, layoffs, and slower deal flow during the credit crisis conjure up images of bankers stuffed into economy seats heading for budget accommodations.
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Regional Growth: Buckling Under
LatAm is better prepared for global crisis, and appears relatively comfortable versus Eastern Europe. But it is being hammered more than initially expected.
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High Voltage M&A
Energy sector consolidation looks set to continue, fueled by incoming Europeans, growing large locals and cash-strapped exiting small caps.