PPU announced new co-chair in Chile. Holland & Knight added a team from Jones Day in Mexico

Holland & Knight adds Luis Rubio from Jones Day in Mexico
Holland & Knight announced that Luis Rubio Barnetche and a team of four have joined the firm from Jones Day.

Prieto Abogados promotes tax partner
Chilean law firm Prieto Abogados announced that Cristián Bay-Schmith is now a partner in their tax practice group.

Garrigues hires litigation and arbitration group in Peru
Garrigues announced the addition of a team of five lawyers from Benites, Forno & Ugaz in Peru.

Carey, PPU instructed on BBVA Chile sale
Carey acted for Scotiabank on its $2.2 billion acquisition of a 68.19% stake in BBVA Chile. PPU advised the sellers.

Pellerano & Herrera bulks up the partnership
Dominican Republic law firm Pellerano & Herrera announced that Joanna Bonnelly has become a partner.

Davis Polk led Cosan to $212 million equity offer in NY
Davis Polk acted for Cosan, the world’s largest sugar and ethanol producer, on its modified “Dutch Auction” tender offer in New York.

Simpson Thacher advised Burger King Brazil on Sao Paulo IPO
Simpson Thacher acted for Burger King Brazil on its debut offer on the on the São Paulo Stock Exchange, which raised 886 million reais (approximately $268 million).

Baker McKenzie instructed on Marriott sale in Peru
Estudio Echecopar, the Peruvian member firm of Baker McKenzie International, advised Intursa on the acquisition of Inversiones La Rioja, owners of the Marriott hotels in Peru.

PPU and Carey guide sale of Walmart Chile financial arm
Philippi Prietocarrizosa Ferrero DU & Uría advised Walmart Chile on the sale of its financial services and credit card business to BCI. The buyers instructed Carey.

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More training needed to understand global trends in taxation
Ruby Asturias, a partner at Pacheco Coto, speaking at a recent event in Guatemala, noted that more education is needed for authorities to understand global trends in taxation and professionals need to work in bringing substance in the negotiations and agreements and in the legal advise they give clients.