We have had a permanent presence in Brazil since 1997 and have worked on Brazilian deals long before that. Members of the São Paulo team, most of them fluent in Portuguese and Spanish, have lived and worked in Brazil for a significantly long time and are both familiar with and appreciative of the local business culture. We are committed to Brazil and to building quality lasting relationships with our clients.

Our established relationships with major local firms, strong track record with the main investment banks and global coverage – including leading our leading practices in Asia, Europe, U.S. and Africa – allow us to consistently participate in ground-breaking Brazilian deals.

We are one of the very few international firms focused on M&A in Brazil. In addition, we offer capital markets, banking and projects capabilities, leveraging our firmwide capabilities. Significantly, we offer on-the-ground advice on U.S. law, which is the law of choice in many corporate transactions in Brazil and extensively in Latin America.

Recent transactions and cases include advising:

Corporate/M&A
  • the U.S. private equity fund Digital Colony on the acquisition of Andean Tower Partners, an owner and operator of wireless communication infrastructure in the Andean region, as well as its bid for several other digital infrastructure assets in Africa, Europe and South America
  • the Brazilian protein company Marfrig on the US$2.4bn sale of its U.S. and Asia chicken business Keystoneto Tyson Foods and on the US$969m acquisition of a 51% interest in the U.S. beef processor National Beef
  • Petrobras on the US$562m sale of its U.S. refinery Pasadena to Chevron, on the US$1.1bn joint venture with Murphy Oil to exploit oil producing assets in the U.S., and on the US$1.53bn sale of its 50% interest in a Nigerian oil business
  • China Merchants Port on the US$925m acquisition of a 90% interest in TCP, Brazil’s second largest container terminal
  • Amil, the largest Brazilian health care provider, on the US$4.9bn sale of a 58.9% interest in Amil to UnitedHealthcare Group
  • Duratex on the US$1bn joint venture with Austria’s Lenzing to build and operate a dissolving wood pulp in Brazil
  • Pampa Energía on the US$1.3bn acquisition of Petrobras Argentina from Petrobras
  • the Brazilian food company Parati and its shareholders on the R$1.3bn sale of their shares to Kellogg
Capital markets 
  • BR Distribuidora, as issuer, and Petrobras, as selling shareholder, on the R$9.6bn offering and sale by Petrobras of common shares in BR Distribuidora (the first privatization of a Brazilian state-owned company through the capital markets and the largest follow on in Brazil since 2010)
  • Tecnisa on its R$445.5m offering of common shares in Brazil without registration with the CVM 
  • Marfrig on several offerings of senior notes totaling over US$5bn and several cash tender offer for the acquisition of outstanding notes totaling over US$2bn
  • The underwriters on several offerings of senior notes by Suzano totaling approx. US$4bn
  • Banco do Brasil on the US$200m cash tender offer for the acquisition of outstanding perpetual notes
  • Raizen on the US$205m cash tender offer for the acquisition of outstanding notes 
  • Abengoa Yield on the US$327m registered secondary public offering of 10,580,000 ordinary shares in the United States
Banking
  • The Rohatyn Group and other private equity funds on a U.S. dollar denominated senior secured term loan to the IT services provider Cimcorp for the acquisition of Resource group
  • The Bank of Nova Scotia, BNP Paribas, JPMorgan and Mizuho, as lenders, in connection with a US$300m Revolving Loan Facility and a US$200m Term Loan Facility to Raizen
  • The lenders on a US$500m export prepayment revolving credit facility and two US$750m export prepayment term loan facilities to Suzano
  • Banco do Brasil on a US$500 million A/B loan agreement from Inter-American Investment Corporation and Inter-American Development Bank
Dispute resolution
  • a major European company on a US$680 million ICC arbitration arising from an EPC contract against a Brazilian construction company
  • a major Brazilian construction company in a dispute against a subcontractor in relation to the termination of a supply agreement relative to the construction of a steel plant
  • a major European construction company in an arbitration arising out of a dispute with a major Brazilian contractor over the termination of a memorandum of understanding for the renovation and construction of airports in Brazil
  • a large Brazilian construction company on indemnification claims before an insurance company for amounts spent for the recovery of a disaster which occurred in the construction of a power plan
  • an Asian bank on a post-acquisition dispute arising from its investment in a Brazilian bank