Chinese oil giant Sinopec acquired Brazil assets of Spain’s Repsol for $7.1 billion and US-based Occidental’s Argentina E&P assets for $2.5 billion. Meanwhile, Chinese chemicals company Sinochem acquired 40 percent of the Peregrino oil field project in Brazil for $3 billion, while the State Grid Corp. of China acquired several Brazilian power firms for $1.7 billion.
America Movil’s $27.4 billion acquisition of 100 percent of the stock of Carso Global Telecom – both companies controlled by Mexican mogul Carlos Slim – tops the sixth annual ranking of
Other major deals in Latin America last year include ...
Keywords: Brazil, Chile, Colombia, Mexico, United States
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