The Brazilian transactional market recorded a total of 761 transactions in the first four months of the year
According to the monthly TTR (Transactional Track Record) report, the Brazilian transactional market recorded a total of 761 transactions and moved BRL 104.9bn in the first four months of the year.
These figures represent a 16% increase in the number of transactions compared to the same period in 2021. Of the total transactions, 46% have disclosed values and 76% of the deals have already been completed.
In April, 161 mergers and acquisitions were registered, between announced and completed, and a total value of BRL 38.4bn. The Internet, Software & IT Services sector was the most active in the period, with a total of 144 transactions.
The transaction highlighted by TTR in April 2022, was the completion of the sale of Oxiteno by Ultrapar Participações to Indorama Ventures. The transaction value is USD 1.3bn.
The transaction was advised in Brazilian law by Stocche Forbes Advogados. BMA – Barbosa Müssnich Aragão; Mattos Filho; On the financial side, the transaction was advised by Bank of America; Torre Deutsche Bank; and PwC .