December 2012

December 2012
December 2012
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BRAZIL
The Brazilian transactional market, in December, maintained its level of activity similar to previous month, with 61 deals registered both announced and closed. The United States was yet again, the country with largest number of acquisitions in Brazil. A total of nine deals, nearly the average registered throughout 2012. December's largest deal was the agreement signed by Yara Brasil Fertilizantes to acquire Bunge Fertilizantes, for BRL 1,560bn. The technology and Telecoms sector was among the most active, with nine deals registered. Highlights include the acquisition closure of BrainNet Supply Management do Brasil, a subsidiary of multinational BrainNet, by KPMG International. In addition, private equity fund FIP Terra Viva, managed by DGF Investimentos, acquired a minority stake in Usina Alvorada. The deal value was BRL 70m.

LATIN AMERICA
In December, highlights include the closure of several important M&A deals, announced throughout the year, which contributed to a slight increase in number of transactions compared to November. It is worth mentioning the deals carried out by Chilean and Colombian companies, two of the most active countries this year. The most important deal was the acquisition of Molina y Swett, a Chile-based brokerage company, by Grupo Sura, a Colombia-based company. In addition, this month's largest deal was the acquisition of Carrefour Colombia by Cencosud, a Chile-based company. The deal value was USD 2,610bn. Moreover, Minera Frisco concluded the acquisition of Aurico Gold México, for USD 750m.