Publish in Special Reports - Monday, January 7, 2013
AB InBev CEO Carlos Brito led the largest M&A in Latin America last year. (Photo: AB InBev)
Latin America M&As fell by 3.6% last year.
BY JOACHIM BAMRUD
Colombia and Peru increased their M&A volume last year by double-digits in contrast to Latin America in general, which saw a relatively small decline. Meanwhile, smaller markets like Panama and the Dominican Republic saw significant growth last year.
“We are not surprised by the continuing strength of M&A activity in Latin America,” says Paul Schnell, chair of the Latin America practice for US-based Skadden, Arps, Slate, Meagher & Flom, the top legal advisor of Latin American M&As last year. “Since the global financial crisis in 2008, the region has consistently had more economic stability and growth than the rest of the world. Latin America has made extraordinary strides economically, and with that progress we have seen many more M&A transactions and greater demand for legal services.”
Belgium-based AB InBev’s $20 billion purchase of a 49.7 percent stake in Mexico-based Grupo Modelo tops the ranking of Latin America’s Top 100 Mergers and Acquisitions from Latinvex based on data from Thomson Reuters.
Other top deals include...
Keywords: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay and Venezuela