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Wednesday, July 10, 2024

Latin America M&As Fell 26% in First Half

Mergers and acquisitions in Brazil declined 19% in the first six months.

BY LATINVEX STAFF

Merger and acquisition activity picked up in the second quarter, although the total announced volume fell 26% in the first six months compared to the same period last year, according to LSEG. In the first quarter, announced value had declined 38%.

Part of the uptick was due to a bidding war for Mexican real estate investment trust Fibra Terrafina, in turn spurred by growing interest in Mexico’s nearshoring growth and continued strong potential.

Terrafina received offers from…

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Article Keywords: Argentina, Brazil, Chile, Colombia, Dominican Republic, Mexico, Nicaragua, Panama, Peru

 

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