TTR In The Press
Business News Americas / BN Americas
February 2017, Raúl Zorrilla
LatAm M&A year kicks off with mixed signals
The total January value of deals – M&A, venture capital and private equity – in Brazil, Mexico, Chile, Argentina, Peru and Colombia reached US$19.8bn, up 127% from the same month of 2016.
The number of deals declined 7.6% to 145 during the month, and 52 of them disclosed the price-tag, according to a report from Transactional Track Record (TTR).
The largest transaction was the US$10bn-acquisition of US-based CIT Group's Colombian commercial planes rental unit by Ireland's Avolon.
Argentina, Brazil and Colombia reported year-on-year increases in deal value in January, while declines were seen in Chile, Mexico and Peru:
Argentina: US$281mn, up 174%.
Brazil: US$7.9bn, increase of 343%.
Colombia: US$10bn, up 370%.
Chile: US$531mn, down 72%.
Mexico: US$1.5bn, decrease of 41%.
Peru: US$31mn, down 96%.
Source: Business News Americas / BN Americas - Chile