October 2012

October 2012
October 2012
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BRAZIL
The Brazilian transactional market, in October, was particularly active compared with previous month. The number of deals registered was similar to the average of this year's first semester. Once more, United States was one of the countries with most acquisitions in Brazil, with 12 deals in total. This month's largest deal was the acquisition North-American company UnitedHealth Group of a 58.9% stake in Amil, for BRL 6,490bn. Technology and telecoms sector remained, for the tenth consecutive month, among the most active, with 12 registered deals. Highlights include the approval without restrictions by CADE - Brazilian Administrative Council for Economic Defence - for the acquisition of a 60% stake in Tok&Stok by private equity firm Carlyle Group. The deal value is estimated at BRL 700m. Furthermore, Alpargatas signed an agreement to acquire a 30% stake in Osklen.  Other highlights include the merger between BR Frango and Averama, two poultry producers located in the state of Paraná.

LATIN AMERICA
The Latin American transactional market was particularly active this month, with some 55 deals registered, compared with 45 in September.  Chile and Mexico were the most active countries, with 22, 20 deals each respectively, and Chilean companies showed interest in Colombia. October's largest deal was the agreement signed by Cencosud, a Chile-based company, to acquire Carrefour Colombia, for USD 2,500m. In addition, Corp Group Holding, based in Chile, signed an agreement to acquire Helm Bank, a Colombia-based bank. The deal value was USD 1,278.6m.