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Tuesday, February 07, 2012
Special Reports

Latin America: M&A’s Decline

TOP DEAL The initial share sale of Mexico's Minera Frisco, owned by Carlos Slim, was the largest deal in Latin America last year. (Photo: Minera Frisco)

The value and number of mergers and acquisitions dropped in Latin America last year.

 

BY JOACHIM BAMRUD

 

Mexican mogul Carlos Slim, the world’s richest man, again dominates Latin America’s dealmaking.

 

Three of his companies were among the top ten deals in the region last year, including the top two.

 

The $7.7 billion initial public listing of Mexico-based Minera Frisco leads the ranking of Latin America’s Top 100 Mergers and Acquisitions from Latin Business Chronicle based on data from Thomson Reuters. 

 

The mining company, a unit of Carlos Slim’s Grupo Carso, listed its shares on the Mexican Stock Exchange on January 3, 2011.

 

The $6.5 billion merger of telcos America Movil and Telmex – both controlled by Slim – was the second-largest deal.  A third Slim company, Inmuebles Carso, become the ...

 

Full story

Keywords: Brazil, Chile, China, Colombia, Japan, Mexico, Russia, Venezuela

THE NUMBERS
Latin America's Top 100 M&A's (2011)
Top Target Countries and Acquirors
Top 25 Legal Advisors

 

 


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