Simpson Thacher advised Localiza, the Brazilian car rental company, on its acquisition of Car Rental Systems do Brazil Locação de Veículos, the local subsidiary of Hertz.
Brazilian law firm Schmidt, Valois, Miranda, Ferreira & Agel (SVMFA) and Portugal’s MC&A announced a strategic alliance to respond to the growing potential for investment in Brazil, Portugal and Portuguese-speaking African countries.
DLA Piper announced its arrival in Chile through a new cooperation agreement with Bahamondez, Alvarez & Zegers (BAZ). Together the firms will operate as BAZ/DLA Piper.
Philippi Prietocarrizosa Ferrero DU & Uría advised Amundi on the Chilean law aspects of its acquisition of Pioneer Investment from UniCredit.
Marval, O’Farrell & Mairal advised the trustee, the arranger and the underwriters, on the $40 million variable rate debt securities issued by Vicentin.
Shearman & Sterling advised the lead managers on a $185 million five-year Formosa bond offering by Banco Santander Chile.
Iberoamerican law firm Philippi Prietocarrizosa Ferrero DU & Uría announced that Eduardo Escalona, Diego Cardona and Nicolás Tirado have been promoted to partners.
Shearman & Sterling represented Bank of Communications (BoCom), one of the five largest banks in China, in its acquisition of approximately 80% of the total outstanding shares of Banco BBM in Brazil.
Cleary Gottlieb Steen & Hamilton advised Pemex on its $5.5 billion Rule 144A/Reg S offering of debt securities.
Dominican Republic law firm Pellerano & Herrera advised Grupo Poma on the development of the Real Intercontinental Hotel Santo Domingo, an investment of over $80 million in the Dominican Republic.
