Cueto family and Delta hold smaller stakes as the Chilean airline exits bankruptcy
Category: Daily Brief
Moody’s downgrades Mexico
Rating agency cuts Latin America’s second largest economy to Baa2 due to sluggish growth and high government spending
Argentina to focus on belt-tightening
New Economy Minister Silvina Batakis says achieving a balanced budget is the key for economic growth and paying down debt
IDB Invest offers financing for moves in Mexico
IDB’s private sector affiliate could provide up to $2.8 bln for companies that relocate to the Isthmus of Tehuantepec
Georgalos buys back Mantecol brand
Argentine food maker had sold the brand to US-based Mondelēz in 2001
Cemex cements acquisition in Germany
Mexican cement maker buys 53% of aggregates company ProStein
Caja Los Andes keeps tabs on bond market
Chilean retirement fund manager is “paying attention” to international financing sources after first-time ratings from Moody’s and Fitch, source says
Swvl looks for more acquisitions in LatAm
Dubai-based ridesharing company sets its sights on Peru and Colombia after agreeing to buy Mexico’s Urbvan for $82 mln, CFO says
Pardini bulks up after takeover
Brazilian healthcare company buys a larger stake in Sansão and absorbs DaVita after agreeing to a sale to Fleury
Unicoba issues local green bonds
Brazilian lithium battery and lighting company prints $23 mln in debentures after a frustrated IPO attempt