Publish in Special Reports - Wednesday, January 6, 2016
Bradesco's $5.2 billion purchase of HSBC Brasil was the top M&A deal in Latin America last year. (Photo of Bradesco branch in Rio de Janeiro by Eduardo P)
Paola Lozano, head of the Spanish language corporate practice, and Paul Schnell, Chair of the Latin America practice at Skadden.
Latin America 2016, the Latinvex in-depth report on the region's outlook this year.
Bradesco’s purchase of HSBC Brazil top M&A deal in Latin America last year.
BY JOACHIM BAMRUD
Mexico saw a strong increase in mergers and acquisitions last year, in contrast with the rest of the region.
While announced M&As in Mexico grew 37.5 percent to $19.8 billion, they fell 28.4 percent in all of Latin America and the Caribbean, reaching $92.1 billion, according to Thomson Reuters.
"2015 was a year of two 'Vs' for M&A in Latin America—much more volatility in economic, political and M&A conditions across the region, but also variety in the level of M&A activity in different countries,” says Paul Schnell, Chair of the Latin America practice at Skadden.
Meanwhile, Banco Bradesco’s $5.2 billion purchase of the Brazil assets of UK-based HSBC was the top M&A deal in Latin America last year,according to the latest ranking of Latin America’s Top 100 M&As from Latinvex using Thomson Reuters data.
Country Keywords: Argentina, Brazil, Chile, China, Colombia, Costa Rica, Guatemala, Mexico, Peru
Company Keywords: America Movil, Antofagasta, AT&T, Bradesco, Cargill, China Three Gorges, Coty, EPM, HSBC, Hypermarcas, Infraestructura Energetica, JBS, LetterOne, Nextel, Oi, Rimsa, Skadden, Suramericana, Teva, Vitro