TozziniFreire, Lefosse, and Pinheiro Neto stand out in TTR
The monthly report by TTR Data (ttrdata.com) revealed that in November, 110 mergers and acquisitions were recorded, between announced and completed, with a total value of BRL 26.3 billion.
The transaction highlighted by TTR Data in November 2025 was advised on Brazilian law by the law firms TozziniFreire, Lefosse, and Pinheiro Neto Advogados: the completion of the acquisition of 50% of Fibrasil by Telefônica Brasil. The transaction value is BRL 858 million.
By November 2025, according to TTR, 1,644 transactions had moved BRL 256.0 billion, representing a 5% increase in the number of transactions compared to the same period in 2024, as well as a 6% increase in capital raised. Of the total transactions, 39% have disclosed values, and 85% of the operations have already been completed.