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Cleary Gottlieb and Simpson Thacher advised the $1.5 billion offer from Mexican state electricity company CFE. (Photo: CFE)
Manuel Silva and Jorge Juantorena, Cleary Gottlieb; Juan Francisco Méndez, Simpson Thacher and Anja Pfleger Andrade, Clifford Chance. (Latinvex collage)
Wednesday, February 4, 2026

Cleary Gottlieb, Simpson Thacher Advise $1.5 Bln CFE Offer

Davis Polk and White & Case advise PicPay IPO.

BY LATINVEX STAFF

Cleary Gottlieb and Simpson Thacher advised the $1.5 billion offer from Mexican state electricity company CFE; Davis Polk and White & Case advised the $434 million initial public offer on Nasdaq of Brazilian digital bank PicPay – the first IPO by a Brazilian firm in four years; Clifford Chance advised Brazilian bank Banco Bradesco’s $750 million offer and Davis Polk and Simpson Thacher advised the $600 million offer from Colombian flag carrier Avianca.

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Keywords: Brazil, Capital Markets, Cleary Gottlieb, Clifford Chance, Colombia, Davis Polk , Mexico, Simpson Thacher, White & Case

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