I Squared Capital, through its ISQ Global Infrastructure Fund II, has engaged law firm White & Case for the acquisition of an equity interest in Oleoducto Central (OCENSA) from Advent International.

Argentinian law firm Mitrani Caballero & Ruiz Moreno has named María Paula Díaz, a member of the firm’s corporate law practice, as a partner.

Pinheiro Neto Advogados has acted for Brazilian insurance company Icatu Seguros on its acquisition of an additional 24.5 per cent stake in Caixa Capitalização, becoming the holder of 49 per cent of its shares.

Demarest has advised Nike Galaxy Holding and Nike Group Holding on its sale of Nike Do Brasil Comércio e Participações (Nike Brasil) to SBF Comercio de Produtos Esportivos (Centuaro). 

Covington & Burling has hired Kimberly Breier, a former diplomat for Latin America at the US Department of State, as a senior adviser in the firm’s Washington, DC office.

Philippi Prietocarrizosa Ferrero DU & Uría has acted as counsel to Embotelladora Andina on its $300 million offering of aggregate principal notes in the US market.

Mexican law firm Kuri Breña, Sánchez Ugarte y Aznar has advised local glass manufacturer Vitro and its subsidiaries on the negotiation of a credit facility worth $170 million with The Bank of Nova Scotia.

Latin America’s mergers and acquisitions values increased by 40.2 per cent in 2019, compared with the previous year, with the number of disclosed deals (1,028) totalling $126.6 billion.

Brazil’s national mining agency (Agência Nacional de Mineração) has issued Resolution No. 24/2020, setting out the rules for tender proceedings for areas to be made available for mining exploration or exploitation, with the

BLP has strengthened its banking and finance practice with the promotion of Julio Castellanos to partner in the Costa Rica office, bringing the firm’s partner count to 33 across Central America.