Publications
Latin America – July 2013
July 2013
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In July, the Latin American M&A market recorded a number of deals similar to the previous month and to July of last year, with a total of 114 deals. By countries, the number of deals registered decreased slightly, although Brazil, Chile and Mexico continue the trend set in previous months for being the most active, with 63, 15 and 12 deals respectively. The investment volume decreased considerably compared with June, mainly due to an important deal closed last month; the acquisition closure of Grupo Modelo, for some USD 20,100m. Nonetheless this month, the transactional market generated some USD 8,979m, similar to the same period last year. Among the largest deals, we recorded the acquisition by Chile-based CFR Pharmaceuticals of Adcock Ingram, a South Africa-based company in the same line of business. The deal value was USD 1,256m. Furthermore, Mexico-based Grupo Gigante acquired a 50% stake in Office Depot México, for USD 690m.
In collaboration with:
Deal of the month - July 2013 - Graña y Montero
Advisers:
- Graña y Montero
- Muñiz Ramírez Pérez-Taiman & Olaya Abogados
- Simpson Thacher & Bartlett US (Global)
- Rubio, Leguía, Normand & Asociados advogados
- Davis Polk US (Global)
