Colombian online grocer uses chamber of commerce mechanism to stay open as it renegotiates debt
Category: Latin America
Posted inDaily Brief
Gtd ends JV talks with Macquarie
Chilean telco pulls plug on a tentative deal with the Australian group to create a new data center business
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Colombia begins liquidation of Viva Air
Business regulator starts the process after the low-cost airline says it lacks the resources to resume operations
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Bimbo subsidiary admits to price fixing in Canada
Canada Bread is fined $38 mln after pleading guilty to arranging a scheme with Weston
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BTG eyes US, Mexican acquisitions
Brazilian investment bank sees acquisitions as the fastest way to grow in private banking and wealth management, Bloomberg reports
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IFC funds Chilean education project
World Bank’s private sector lender provides $57 mln for Santo Tomás to invest in physical and digital infrastructure
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Odinsa to get FX hedge ahead of bond maturity
Colombian construction company expects to sign $60 mln in currency derivatives before a bond payment in October
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Telefónica replaces boss in Peru
Elena Maestre will take over from Pedro Cortez as CEO on July 1
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SMBC makes hire for LatAm DCM desk
Marcelo Delmar joins the Japanese bank’s brokerage division, where he will direct a team alongside Alfredo Ugarte
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EPM eyes Central American expansion
Medellín city-owned utility plans to set up a subsidiary in Panama and look for renewable energy investments outside Colombia