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Simpson Thacher advised the $700 million offer from Brazilian oil company PRIO (formerly PetroRio). Here a platform in the Albacore Leste oil field. (Photo. PRIO)
Grenfel Calheiros and Juan Francisco Méndez, Simpson Thacher and Fabricio Longhin, Clifford Chance. (Latinvex collage)
Wednesday, October 22, 2025

Simpson Thacher Advises $1.5 Bln LatAm Offers

Clifford Chance, Davis Polk advise Guatemala, Peru offers.

BY LATINVEX STAFF

Simpson Thacher advised the $700 million offer from Brazilian oil company PRIO (formerly PetroRio) and two offers from Peruvian retailer InRetail totaling $500 million; Clifford Chance and Simpson Thacher advised on offers from, and a loan to, Guatemalan power distributor Energuate and Davis Polk advised Peruvian bank Banco de Crédito del Perú’s $500 million offer.

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Keywords: Brazil, Capital Markets, Clifford Chance, Davis Polk, Guatemala, Peru, Simpson Thacher

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