Brazilian bank’s offer to minority shareholders nudges its stake in Banco Itaú Chile to just over the two-thirds mark
Category: Latin America
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US court keeps PDVSA lawsuit on track
Appeals court rejects an attempt to prevent companies that are suing PDVSA from joining an auction of shares in the Venezuelan oil company’s US unit
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Colombian toll road contract in jeopardy
National infrastructure agency ANI says it is on the verge of annulling the Autopistas del Caribe concession due to local opposition
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Telefónica offloads fiber optic business in Peru
Spanish telco agrees to sell a majority stake in Pangea to US investment firm KKR and Chilean carrier Entel
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BancoEstado sells UF bonds
Chilean state-owned bank places $45 mln in inflation-linked notes in the local market
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Bunge, Chevron buy Argentine oilseed producer
US companies acquire Chacraservicios from Italy’s Adamant
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IDB Invest to sell more bonds in Paraguay
IDB’s private sector institution could make another two issues this year for $40 mln, CFO says
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Éxito advances US listing plan
Colombian retailer asks to list ADRs ahead of a planned sale by France’s Casino
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Chile’s LAP skips bond payment
Renewable power company reportedly enters negotiations with bondholders after missing a coupon payment on July 3
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Lawyers forecast fall in LatAm M&A
Deals are expected to fall 30% to 40% in the second half of 2023 due to the “complicated political situation” in several countries, Foley & Lardner partners say