Latin America M&As Fall 44%

America Movil sold its prepaid, no-contract mobile phone provider TracFone to verizon in the largest announced Latin American deal so far this year. (Photo: TracFone)


Announced deals also fall 43% in Brazil during first nine months.

BY LATINVEX STAFF

Mexico-based telecom giant America Movil’s sale of its TracFone business to Verizon for $6.5 billion became the largest announced deal in Latin America during the first nine months this year, according to Latinvex research.

According to Refinitiv the total value of announced M&As in Latin America reached...

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Keywords: Brazil, Cuba, Mexico, M&As

 

 

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