Region: IBA comments on “delays”, problems and evolution of mergers

The annual conference of the International Bar Association, held in Santiago, Chile last weekend, welcomed more than 900 lawyers and practitioners to the conference “Mergers and acquisitions: challenges and best practices in the age of compliance”.
 
The issue of mergers and the rules for closing deals was one of the most talked about topics, pointing to greater activity for the coming year in important markets such as Brazil and Chile, while in Mexico there was some concern that internal policy issues could discourage the market and influence the process of evaluation of mergers and acquisitions. The countries in the region with the best expectations in this regard are Peru, Colombia and Chile itself.
 
Lawyer Francisco Illanes stressed that the challenge for Chile will be to have a more expedited procedure for approving operations and “to concentrate on the largest transactions in the same sector, and not on low multisectoral amounts,” he said.

Full Content: Distrito Financiero

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