Publish in Special Reports - Wednesday, July 5, 2017
Itau Unibanco’s $2 billion purchase of XP Holding Investimentos became the third-largest announced M&A in Latin America during the first half. (Photo: Itau Unibanco)
While Latin America M&As grow 1.4 percent in the first half.
BY JOACHIM BAMRUD
Five major deals – including Itau Unibanco’s $2 billion purchase of XP Holdings -- propelled a 212 percent jump in the value of announced M&As in Brazil during the first six months this year, according to Thomson Reuters.
That compares with a 19 percent increase in the first half last year.
The Brazilian M&A boom contrasts with Latin America overall, where the value of announced M&As only inched up 1.4 percent.
The growing deals in Brazil are due to a combination of factors, including ...
Keywords: AINMT, Argentina, Barrick Gold, Brazil, China, Florida East Coast Railway, Grupo Mexico, Heineken, Itau Unibanco, Kirin, Mexico, MSC, Netherlands, Nextel, NII Holdings, State Grid, Vale