Category: M&A

Merger and acquisition volumes in Latin America plunged 75% in 2002. However, it was not a bad year for cross-border deals within the region involving Latin American bidders and targets. […]

Corus’s acquisition of Brazilian steelmaker Companhia
Siderúrgica Nacional slashes the Latin American company’s financing costs and folds it into an investment grade European competitor.

Having learned much from its last acquisition of a Mexican bank, Citigroup appears to have neatly and efficiently woven Banamex into its global franchise.

The merger of Chile’s Banco de Edwards and Banco de Chile is bound to be good for the banks. But minority shareholders worry that Quiñeco, which controls both institutions, has gotten the better of them.

Venezuela has endured years of tumult, but banco Mercantil has managed to keep growing thanks to strong leadership, well-timed acquisitions and international alliances.

Bancomer is the largest bank in Mexico in terms of assets and its significant merger process is behind it: Bancomer, Probursa, BBVA Mexico and Promex are now all operating seamlessly […]

As Latin America and the world head toward economic recession, investment bankers gear up for new kinds of offerings. Local mergers, tailor-made products and increased advisory work will shore up bankers’ bottom lines.

Convinced that Mexico offers outsized profits, Citigroup is plowing $12.5 billion into the country, creating its largest bank. Citi’s acquisition of Banamex changes the rules of the game in Mexico’s banking industry.

Citigroup’s acquisition of Banamex, Mexico’s second-largest bank, is a historic event. It promises to transform Mexico’s financial system in a way that the purchase of two local banks by BBVA […]