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4% increase in Latin American international transactions in 2Q

Second-quarter international mergers and acquisitions in Latin America increased 4 percent from the prior quarter to more than $ 6.5 billion, Baker McKenzie said today.

Brazil recorded the highest transactional activity in the region, with 25 operations totaling $ 2.5 billion, according to Baker McKenzie’s Cross-Border M & A Index.

Meanwhile, Mexico, Peru and Argentina had significant increases in the total value of operations received, said the US firm.

“Latin America continues to be an attractive destination for foreign investment, which comes mainly from North America and the European Union, highlighting Spain,” said Liliana Espinosa, Baker McKenzie’s Latin America expert.

Espinosa pointed out that “the mass consumer industry” attracted most of the investments in both the amount and the amount of transactions during the second quarter of the year.

Mexico had a significant increase in the total amount of transactions, with 1.55 billion dollars, 150% more than the previous quarter, while the increase in Argentina was of 268 to 975 million dollars, and that of Peru, 12 107 million dollars.

According to Baker McKenzie’s M & A Cross-Border Index, a total of 64 international operations with Latin America were presented during the second quarter of this year, in which North America and Europe continue to lead, although increased investments from the Asia-Pacific region .

The index also showed nine transactions between Latin America and other regions, totaling more than $ 2 billion, and 1,368 operations worldwide, for about $ 346 billion.

The European Union presented a reduction of transactions to Latin America of 2.9 billion dollars from the previous quarter to 2.42 billion dollars, as did North America, from 1.96 billion dollars to 1.670 billion dollars.

In contrast, there was an 80% increase in operations from the Asia-Pacific region, which totaled US $ 1.57 billion compared to US $ 875 million in the previous period.

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