M&A activity has been solid in Latin America for manyyears. The majority of deals are intra-regional, with larger economies such as Brazil and Mexico being the top investors. Additionally, European and North American companies have led cross-border M&A activitys they have looked to invest and expand in fast growing markets. Despite significant improvements over the last decade, some of the major challenges to doing business in Latin America continue to be obtaining credit, tax law transparency, and enforcing contracts. Considering the region’s current political and financial conditions, what finance options do these investors have? What are the differences between cross-border commercial development and multilateral lending? What are the private equity and venture capital options? What has been the experience with capital markets in general? The panel will discuss the advantages and disadvantages of the different financing options for M&A and investments, in the current political and economic reality of Latin America.
Session Co-Chairs
Luis Manuel Castro, BLP Abogados, San Jose
Roberto Guerrero, V Guerrero Olivos, Santiago
Speakers
Carlos Albarracin, Milbank Tweed Hadley & McCloy, New York
P Eugenio Aramburu, Perez Alati Grondona Benites Arntsen & Martinez de Hoz, Buenos Aires
Maria Luisa Canovas, Jones Day, New York
Nicolas Lafont, McDermott Will & Emery, Paris
Santi Pages, Roca Junyent, Barcelona
Arthur B Penteado, Machado Meyer Sendacz e Opice
Advogados, São Paulo