In In
Skadden advised the 3.2 billion reais (US$650 million) initial public offering of Brazilian energy company Compass on Brazilian stock exchange B3 – the first IPO in Brazil in nearly five years. (Photo: B3)
Filipe Areno and Alejandro Gonzalez Lazzeri, Skadden; Paulo Cardoso, Simpson Thacher and Manuel Silva, Cleary Gottlieb. (Latinvex collage)
Thursday, May 14, 2026

Skadden Advises Compass IPO

Cleary, Clifford, Davis Polk, Latham, Simpson Thacher advise LatAm offers.

BY LATINVEX STAFF

Skadden advised the 3.2 billion reais (US$650 million) initial public offering of Brazilian energy company Compass on Brazilian stock exchange B3 – the first IPO in Brazil in nearly five years and the $1.3 billion offer from Mexican bank Banamex (majority owned by Citibank); Davis Polk and Simpson Thacher advised the $650 million offer from Brazilian marine engineering firm Oceanica; Latham & Watkins advised the private placement of $500 million notes by Colombia-focused oil company Parex; Clifford Chance advised Argentine public electricity distribution company EDENOR’s $550 million offer; Cleary Gottlieb advised the $500 million offer from Mexican development bank Bancomext and Davis Polk advised Argentine oil company CGC’s $200 million offer.

Full story

Keywords: Argentina, Brazil, Capital Markets, Cleary Gottlieb, Clifford, Colombia, Davis Polk, IPOs, Latham & Watkins, Mexico, Simpson Thacher, Skadden 

 

More Legal Briefs