Insights - Noticias

Fuente: Carey has helped Chile’s Manutara Ventures invest in Chilean-US technology start-up Rhinobird with support from the Chilean Economic Development Agency (CORFO). US-based Rhinobird enlisted Morrison & Foerster LLP in Palo Alto and Garrigues (Chile) in Santiago. The investment gives Manutara a 16.5% interest in Rhinobird for an undisclosed value. The deal closed on 28 December. […]

Fuente: Carey has helped Chilean salmon-farmer Cultivos Yadran extend a syndicated loan worth US$49 million. The lenders relied on Morales & Besa for the refinancing, which closed on 20 December. Cultivos Yadran has undergone numerous restructurings since 2010 when salmon production was hit by the infectious salmon anemia virus. As part of a restructuring in 2016, […]

Fuente: Latin Lawyer

Fuente: Cleary Gottlieb Steen & Hamilton LLP in New York and Buenos Aires, and Claro & Cía in Santiago have helped Chile’s only public bank, BancoEstado, issue notes worth US$500 million. The purchasers hired Davis Polk & Wardwell LLP in New York and São Paulo, and Carey in Santiago. The notes were issued under BancoEstado’s global […]

Fuente: Chile’s Carey and AyG Legal have helped real estate management company Grupo Patio cement its ownership of its subsidiary, shopping centre operator Patio Comercial, by purchasing a 50% stake from investment manager Capitol Advisors. With the acquisition, Patio now owns 100% of its subsidiary. Garrigues (Chile) advised Capitol Advisors. Running parallel to the deal, Chilean […]

Fuente: Sullivan & Cromwell LLP in New York and London, Hogan Lovells in New York, Rodrigo, Elias & Medrano Abogados in Lima, Carey in Santiago and Brigard & Urrutia Abogados in Bogotá have helped US healthcare provider UnitedHealth Group enter Peru, Chile and Colombia through its acquisition of private health insurer Banmédica for US$2.7 billion. It […]

Fuente: Carey has helped Banco de Crédito e Inversiones (BCI) acquire Walmart Chile’s credit card businesses for US$148 million. Walmart enlisted Philippi Prietocarrizosa Ferrero DU & Uría (Chile) for the deal, which was signed on 19 December. BCI’s acquisition is expected to close in the second quarter of 2018, pending approval from Chile’s superintendence of banks […]

Fuente: Cuatrecasas in Barcelona and Carey in Santiago have helped the Chilean arm of Spanish car park operator Saba restructure debt worth 20 billion pesos (US$33 million). The bank, Bice, hired Morales & Besa to help them grant the loan. Saba received a secured loan from BBVA and Bice in 2012. Following BBVA’s assignment of its […]

Fuente: Carey has helped private equity firm Mesoamerica acquire a majority stake in Chilean ice-cream shop operator Heladerías Savory. The Albagli, Nassar and Aguirre families, who sold the shares, relied on Chilean law firm Albagli Zaliasnik. Unifood, the food chain operator in which Mesoamerica holds a majority stake, becomes the largest operator of fast-food stores in […]

Fuente: El Mercurio Legal

Fuente: Grandall in Nanjing and Carey in Santiago have helped China’s Jiangsu Yanghe Distillery acquire a 12.5% interest in Chilean wine-producer Viña San Pedro Tarapacá (VSPT) for US$65 million. Jiangsu Yanghe acquired the shares in a stock auction on 3 January, beating off competition from Chile’s Grupo Luksic. VSPT, one of Chile’s largest wine exporters, is […]