Latin America’s largest telco is eyeing smaller businesses, including Brazil’s Desktop, after exiting race for Telefónica Chile
Category: M&A
Posted inDaily Brief
Telefónica sells its Chilean business
Spanish firm finds a joint buyer in Millicom and NJJ for the $1.22 bln-valued business
Posted inDaily Brief
Orbia closes in on sale of Israeli irrigation arm
Mexican industrial firm is reportedly planning to sell its majority stake in Netafim to a Chinese investor for $1.4 bln
Posted inDaily Brief
Codelco creates JV for lithium project
Chilean copper miner inks a deal with Quiborax to develop Ascotán salt flats and eventually plans to bring on a third investor
Posted inDaily Brief
Telefonica sews up Colombia divestment
Millicom picks up the Spanish firm’s 67.5% stake in ColTel and plans to acquire the remaining shares from the Colombian government
Posted inDaily Brief
YPF to tap 2029 local bond
Argentine oil company will use the proceeds for acquisitions, investment and refinancing
Posted inDaily Brief
Cemex on hunt for acquisitions in US
CEO sees opportunities to “further rebalance” the Mexican cement company’s portfolio through acquisitions and divestments
Posted inDaily Brief
IRSA sets sights on acquisitions
Argentine real estate developer will likely fund the purchases with available cash and not debt, CFO says
Posted inDaily Brief
Evertec picks up another Brazil tech firm
Payment processor announces its fourth acquisition in Brazil in the past three years
Posted inDaily Brief
TIM seeks to recover control of Brazil fiber optic firm
Italian telco wants a controlling stake in I Systems, while Brazilian gun manufacturer extends talks to acquire Turkish counterpart