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Guatemalan cement company Progreso opened a new plant in Belize in July. It now has acquired the Costa Rica and El Salvador operations of Mexican cement giant Cemex. (Photo: Progreso)
Paola Lozano, Skadden; John Franchini, Milbank and  Daniel Green, Gunderson Dettmer. (Latinvex collage)
Wednesday, January 5, 2022
Legal Briefs

Milbank, Skadden Advise Latin America Deals

Gunderson Dettmer advises investment on logistics startup.


Milbank is advising Guatemala-based Cementos Progreso Holdings in connection with its agreement to acquire the Costa Rica and El Salvador operations of Mexican cement giant Cemex for approximately $335 million; Skadden advised Citi on its divestment of Citi Asesores de Inversion Uruguay and Puerto Rico-based Citi International Financial Services, LLC (CIFS) to Miami-based Insigneo for an undisclosed amount; Gunderson Dettmer advised Latin American logistics startup Nowports on its $60 million Series B Financing and Paul Hastings provided a grant from the firm's Equitable Education Fund (EEF) to Projeto Gauss, a nonprofit organization in Brazil that offers scholarships and mentorships to first-generation college students from underserved communities in Brazil.

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Keywords: Brazil, Guatemala, Gunderson Dettmer, Mexico, Milbank, M&As, Paul Hastings, Skadden, Uruguay


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