Chinese conglomerate makes debut investment in Latin America
Tag: M&A
Posted inDaily Brief
Former HSBC Brazil head joins Scotia
Udi Margulies joins the Canadian bank as its head of LatAm investment banking
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Brookfield launches tender for EPM’s Isagen stake
Canadian investor looks to close the final tender for the Colombian power generator by buying out local utility EPM
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Eletrobras offloads stake in Nicaraguan hydro project
Brazilian utility sells 50% stake in Nicaraguan hydro project, in line with company plans to divest over $5bn in SPV stakes
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Cormagdalena reviews offers for waterway PPP
Two international bidders have asked for up to 60 days to present their financing plans for the $840m project
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Vitro buys PPG’s flat glass unit
Mexican glass producer agrees $750m deal for North American flat glass coating and manufacturing arms of PPG Industries
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Transelec arm buys Peru power assets
Chilean generator’s Peruvian unit agrees to buy two power lines from Enel for $60m
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Petrobras evaluates BR Distribuidora offers
Brazil’s state-owned energy company says it expects to pick a buyer by the end of July
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BTG Pactual confirms Banif talks
Shareholders in the Portuguese bank have accepted a non-binding offer from BTG Pactual for its Brazilian unit
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Cemig weighs sale of natural gas unit
State-owned power company could earn more than $500m from its majority stake in Gasmig