In 1997, as president of Banco Industrial de Colombia (BIC), Jorge Londoño created Colombia’s biggest bank through a merger of his institution and the newly privatized Banco de Colombia. The […]
Category: M&A
Posted inMagazine
Wiese-Sudameris Inches Its Way Back
It’s been a year since Eugenio Bertini took over the merged Banco Wiese-Sudameris, and he still has 90 days to go before his year-end deadline to complete the main objectives […]
Posted inMagazine
M & A League Tables
Mergers and acquisitions are booming in Latin America, particularly in Brazil, and the lucrative advisory work that goes into them continues to be a quasi-monopoly of Wall Street’s elite investment […]
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The Importance of True Diligence
Researching potential partners or acquisition targets often stops at the corporate level. But investors in Latin America should dig deeper to find out about subsidiaries, executives and tax liabilities.
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A Bolivarian Blessing for a Revolutionary Businessman
After getting red-carpet treatment in Caracas, a swashbuckling US capitalist helps his company gains control of Venezuela’s public utility. Still, AES’s acquisition involved plenty of stealth and discretion.
Posted inMagazine
GTE Executive Takes Reins at CANTV
CANTV, Venezuela’s privatized telephone network, appointed Armando Yañes chief financial officer, effective following the merger of Bell Atlantic and GTE, the controlling shareholder in CANTV. Yañes is a GTE executive […]
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Panamanian Bank Merger
Two of Panama’s biggest banks are merging to form the largest bank in Central America. Primer Grupo Nacional is to merge with Banco del Istmoto form a business with assets […]
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Mergers & Acquisitions
The size and quantity of mergers and acquisitions in Latin America over the past decade surged in the late, driven by Brazil’s telecom privatizations in 1998 […]
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AT&T Names Brazilian Executive
AT&T, which is consolidating recent acquisitions in Latin America, has named Carlos Antonio da Costa Andri as chief executive officer of its Brazilian operations. AT&T recently bought Brazilian carrier Netstream […]
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Sprint Runs into Mexico
US cellular operator Sprint PCS is paying $200 million to enter the Mexican market through a stake in wireless operator Pegaso PCS SA. The acquisition will give Sprint PCS access […]