Predominance of mergers and acquisitions and the distribution sector
According to TTR, of the 140 US investment transactions in Latin America in the first half of 2014, 84 were in the form of M&A, compared to other forms such as venture capital and private equity.
In terms of the preferred sector for the investors The distribution sector leads the list with 20 transactions, followed by the financial sector and the internet sector.
"In the latter sector, an operation has been carried out that stands out for its size, Tiger Global Management LLC ha inverted $ 500M for stake in Brazilian online retailer B2W Companhia Digital"Says Diego Gutierrez of Abra Invest
Highlights of operations in the first half of 2014
Among the most important transactions was the purchase of the Chilean pharmaceutical company by for a price of €2,116M. The closing of the buy The acquisition of CFR Pharmaceuticals, expected by the end of 2014, will make Abbott one of the ten largest pharmaceutical companies in Latin America, expanding the company's presence in fast-growing markets.
Also in June 2014, the coatings company PPG Industries announced an agreement for the buy of its Mexican competitor Consorcio Comex. With this acquisition, PPG Industries strengthens its business in Mexico, which has been very weak until now. The amount of this transaction is $2300M.
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