Mexican telecom giant is looking to consolidate existing markets in Latin America rather than enter new ones, CFO says
Category: M&A
Posted inDaily Brief
Cross-border M&A on the up in Brazil
The share of international deals has increased steadily, amid investor appetite for diversification and local financial stress
Posted inDaily Brief
Nutresa expands in Venezuela
Colombian food conglomerate agrees to buy Industrias Tío Rico, one of Venezuela’s oldest ice cream brands
Posted inDaily Brief
Copec puts Ecuador gas stations up for sale
The firm’s Colombia-based Terpel subsidiary plans to focus on more profitable businesses in South America
Posted inDaily Brief
Nubank adds Brazil banking license with new acquisition
Latin America digital banking behemoth will pick up a full banking license through the purchase of a small wholesale lender
Posted inDaily Brief
América Móvil expands in Peru
Mexican telecom giant inks deal to acquire Peruvian internet provider WOW Tel, its third acquisition in the region this year
Posted inDaily Brief
CORRECTION: IFC injects equity to fuel Vision One growth
Multilateral development bank acquires a minority stake in Brazilian ophthalmology group, which is controlled by XP’s PE arm
Posted inDaily Brief
Raízen sells assets to Adecoagro
Brazilian energy firm divests Caarapó plant and related sugarcane assets, as its debt restructuring continues
Posted inDaily Brief
Vista Energy mulls more M&A
Mexico-based oil firm has been growing production in Argentina through acquisitions
Posted inDaily Brief
Fluor exits Mexican JV
Mexican construction firm Grupo ICA acquires its US partner’s stake in their ICA-Fluor Daniel joint venture