Fresh from the Nacala project financing and Cubatao fertilizer sale, the miner shifts focus to its 2021 and 2022 liabilities, talks more LM exercises in the New Year
Category: M&A
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AB InBev grows stake in Caribbean brewer
Belgian beer maker’s Brazilian subsidiary agrees to pay $927m for a further 30% in Cerveceria Nacional Dominicana
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BP Biofuels, Copersucar ink agreement
Brazilian joint venture will operate an ethanol storage terminal with a 2.3bn liter capacity per year
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DP World secures Santos port stake
Dubai-based port operator snaps up two-thirds of Embraport, gets full ownership from Odebrecht
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Cemig acquires LEPSA, RME shares
Minas Gerais-run power utility follows up Taesa share sale with a $313m purchase of stock in two Light subsidiaries
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State Grid snaps up CPFL minority stock
Chinese state-owned enterprise pays more than $3.4bn for shares in the Brazilian energy company
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Spain’s Gas Natural Fenosa sells Colombian distributor
Canadian investor Brookfield follows its purchase of Isagen with another Andean power-related acquisition
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Scotiabank makes offer for BBVA Chile
Canadian lender agrees to pay $2.2bn for the Spanish bank’s 68% stake in the local institution
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Kenon offloads Inkia Energy
Private equity firm I Squared Capital nets Peruvian power business in a $1.17bn cash, debt deal
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Eneva picks up Petrobras’ Azulao
Brazilian energy firm pays state-run oil company $55m for the natural gas field