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Davis Polk advised the $600 million offer from Uruguay-based Arcos Dorados (the world’s largest independent McDonald’s franchisee). Here a McDonald’s outlet in Sao Paulo, Brazil. (Photo: Arcos Dorados)
Pedro J. Bermeo and Maurice Blanco, Davis Polk; Robert Giannattasio, Gibson Dunn; Todd Crider, Simpson Thacher and Jorge Juantorena, Cleary Gottlieb. (Latinvex collage)
Wednesday, February 19, 2025

Davis Polk Advises Saavi, Arcos Dorados Offers

A&O Shearman, Cleary Gottlieb, Gibson Dunn, Simpson Thacher advise LatAm offers.

BY LATINVEX STAFF

Davis Polk advised the $1.1 billion offer from Mexico-based energy company Saavi Energia and the $600 million offer from Uruguay-based Arcos Dorados (the world’s largest independent McDonald’s franchisee); Gibson Dunn is advising the Central American Bank for Economic Integration on its first benchmark-sized bond in pounds sterling (GBP), raising US$945 million; Cleary Gottlieb and Simpson Thacher advised a $593.3 million offer from Mexican retailer BBB Foods; Simpson Thacher represented BBVA México on its $1 billion offer and A&O Shearman represented the underwriters and dealer managers on the $1.5 billion offer from the Republic of Uruguay.

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Keywords: A&O Shearman, Capital Markets, Cleary Gottlieb, Davis Polk, Gibson Dunn, Mexico, Simpson Thacher, Uruguay

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