After launching a spectacular IPO in 1999, StarMedia founder and CEO Fernando Espuelas now has to prove that he can build a business and not just burn cash.
Category: Corporate & Sovereign Strategy
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MSDW Leads the Way in M&A
A new phase of private sector restructuring and consolidation is underway in Latin America, and dealing with corporate clients requires a special set of disciplines, skills and contacts. Morgan Stanley […]
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Bidding Up Cuban Paper
With a faint whiff of a US-Cuba rapprochement and renewed interest in exotic defaulted debt, investors looking for cheap bets are bidding up prices. However, the rally could be short-lived.
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Petrobras’s Makeover Man
Philippe Reichstul has jettisoned old-fashioned management ways and begun building the Brazilian oil company into a modern corporation. His success makes him LatinFinance’s CEO of the year.
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Brazilian Tech Bets
Internet deals are dominating merger and acquisition activity in South America’s biggest market. But value remains for investors in slow-growth, capital intensive businesses that need restructuring.
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Coverlink Arrives in Latin America
Ana Patricia Botín, president of Coverlink and daughter of BSCH CEO Emilio Botín, is expanding her Internet service company to Latin America, beginning with Mexico where Coverlink has acquired software […]
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Austral Defaults on Eurobond
Austral Group, Peru’s biggest fishmeal exporter, defaulted in May on a $50 million eurobond. The company has struggled ever since the El Niño weather phenomenon wiped out anchovy stocks and […]
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Andina’s CEO Shift
Jaime Garcia has taken over as CEO at Chilean Coke bottler Embotelladora Andina, replacing Erwin Hahn, who ran the company for four years. This is Garcia’s second tour of duty […]
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Codelco’s New CEO Calls for Change
Juan Villarzú, the new head of Codelco, Chile’s state-owned copper mining giant, said the company’s future depends on a successful restructuring. Codelco, which produces 15% of the world’s copper and […]
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Holding on to the Start-Ups
Brazil’s CVM securities commission has eased listing regulations to encourage local and foreign companies Internet companies to list on the São Paulo stock market and stanch the loss of trading […]