Flávio Bolsonaro is expected to win the second round of presidential elections in Brazil. His victory would likely boost mergers and acquisitions in the short term, experts say. (Photo: Brazil Senate)
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Wednesday, October 14, 2026
Brazil: Bolsonaro Victory Seen Boosting M&As
Colombia and Peru should also benefit from new, pro-business governments.
BY JOACHIM BAMRUD
A victory by rightwing senator Flávio Bolsonaro at the October 25 second round of presidential elections in Brazil would likely bring positive momentum for mergers and acquisitions in the short term, says Grenfel Calheiros, Co-Head of Simpson Thacher’s Latin America Practice and head of its São Paulo office.
Meanwhile, there will likely be an increase in M&A activity in both Peru and Colombia as a result of the recent presidential elections in those countries, predicts Juan Francisco Mendez, Co-Head of Simpson Thacher’s Latin America Practice.
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Keywords: Brazil, Colombia, M&As, Peru, Simpson Thacher
