Hints and tips:
...Job moves DD scoop: Mauricio Leyva is set to quit as chief executive of Grupo Lala, the dominant Mexican dairy company, to join privately held JAB Holding to advise the acquisitive German investment group...
...This latter sector will see its own exits, however, with Naspers — a South African media group whose prime asset is a 31 per cent stake in Tencent — Mexico’s Grupo Televisa and India’s Zee Entertainment...
...Despegar.com, which sells airline tickets, travel packages and hotels in 20 countries around the region, is now valued at almost $2bn, dwarfing IPOs by the Argentine bank Grupo Supervielle and confectioner...
...“We said ‘whoa’,” recalls Carlos Pellas, president of Grupo Pellas, which as well as Flor de Caña spans 25 other businesses, including financial services, energy, healthcare and car dealerships, with operations...
...In August it sold part of its Brazilian subsidiary GPA (in which it holds 41 per cent of the shares but 99 per cent of the votes) to its 55 per cent held Colombian business Grupo Exito....
...Its last sizeable deal — the $20bn takeover of Mexico’s Grupo Modelo — was three years ago and it has paid down the debt it used sooner than expected....
...Pacific Rubiales, the largest independent oil producer in Latin America, is set to be acquired by Grupo Alfa and Harbour Energy in what would be the region’s biggest-ever private equity deal....
...In late 2013, it agreed to sell financial information provider Mergermarket for £382m, and acquired Brazilian language school chain Grupo Multi for £505m including debt....
...The DoJ rejected the initial concessions offered in the Anheuser-Busch takeover of Mexico’s Grupo Modelo....
...Constellation Brands was toasted by investors as the $5.3bn acquisition of beer maker Grupo Modelo, completed last year, showed further signs of paying off....
...Is Mexico’s Grupo Elektra going middle class?...
...Brazil’s Azul Linhas Aereas, Colombia’s Grupo Aval and Mexico’s Volaris are all good to go, once the summer market jitters pass, according to Ibrahim....
...Colombian banks’ steady march into Central America continued this week with Grupo Aval, the country’s largest bank, closing a deal to buy Grupo Financiero Reformador of Guatemala for $411m, through its Central...
...Last week a separate group of investors in Pescanova led by the Spanish brewer Grupo Damm won control of the company, electing a new board led by non-executive chairman Juan Manuel Urgoiti, a veteran banker...
...After Colombia’s Grupo Aval last week and Peru’s Graña y Montero earlier this week, it’s the turn of Volaris Aviation, the Mexican budget airline, to make its way to Wall Street on Thursday....
...(Financial Times) “Argentina’s largest media company offered on Monday to break itself up into six separate business units, the latest effort by Grupo Clarín to prevent the government from dismantling it...
...Colombia’s Grupo Aval is on its way to Wall St....
...Its IPO news came just days after Colombia’s Grupo Aval announced it, too, would list on NYSE....
...Simpson said the biggest investors behind Black Iron, which is listed on Canada’s TSX, were Forbes & Manhattan, a Toronto-based private merchant bank, Luxor Capital Partners, RBC Global Resources Fund and Grupo...
...Barring a last-minute U-turn, Opec is set to keep its official production target unchanged at 30m barrels a day. http://on.ft.com/12QHf1t Colombia’s top bank heads to Wall St Colombia’s Grupo Aval is on...
...Mexico’s Grupo Bimbo beat Flowers out at auction for the Beefsteak bread brand with a winning bid of $31.9m. Most of the deals include bakeries, equipment and depots....
...Grupo Carso shares have risen 73 per cent in the last year....
...Grupo Model was advised by Morgan Stanley, with Cravath as legal advisers....
...Flor Hurtado, a single mother who began selling breakfast juice after her husband left, was able to expand her business by 25 per cent in her first week after completing the course....
International Edition