Investment continues to flow into Latin America to develop new mines
Investment continues to flow into Latin America to develop new mines despite some weakness in commodity prices. For example, Silver Wheaton, a Canadian firm, plans to invest in significant production growth over the next five years. Mining companies and investors also continue to develop copper mines in the region, with Peru as the new hotbed…. Read More…
Chinese Commodity Demand Impact on LatAm
Over the past decade the fortunes of Latin America have become more closely tied to those of China. Latin America’s growth over this time period and the improving balance sheets in the region was closely tied to increasing commodity volumes and prices. Iron ore and copper have flowed out of Chile, Argentina and Brazil and… Read More…
Mid-to-High End Housing Market in Brazil still has Legs
The housing market in Brazil has experienced steady growth and rapidly rising housing prices over the past five years. Government policies, the increasing availability and use of mortgages and rising incomes have all played a role. While the housing market is healthy, the economy in Brazil is softening and the growth outlook continues to become… Read More…
Heineken deal to buy local Bahamas brewery
It was a big issue in the market when the news came about the acquisition of Burns House Ltd. and Commonwealth Brewery by Heineken. The Association of Bahamian Distillers and Brewers (ABDAB) played an important role of that acquisition deal and worked closely with Heineken on the legal issue of such a large payout plan…. Read More…
A look back at Rafael Benvente as the senior head of Citigroup Special Situations in 2007
BNP Paribas, a Paris based European Bank arranged the JEP deal. This bank was also advised Conduit of Mamonal power generation facility, and that sale was worth of US$17.5 million. BNP Paribas also advised a binding agreement for one of JEP’s investments in Peru through which the company sells its 13.2 percent holding in Aguaytia… Read More…
A look back at when Endesa and Punta Cana agreed to sell 40 percent of their shares in CEPM SA
It was another large buyouts in the power generation market when Endesa and Punta Cana agreed to sell 40 percent of their shares in CEPM SA. The key purpose of that buyout process was to concentrate more on the power generation market in the Spain and other places around the European Union, and that decision… Read More…