Southern Cross Group $490 million acquisition of Petrobras Chile Distribución

22/7/2016

Private acquisition

Value:

$ 490 million

Status:

Completed

Date:

22/7/2016

Overview:

Southern Cross Group has acquired Petrobras Chile Distribución for $490 million.
BBVA Chile provided part of the financing for the deal.
Legacy firm Chadbourne & Parke (Kevin Smith and Mort Grosz) advised Southern Cross Group.

Rani Mehta - Journalist - Latin America

Jurisdiction:

Chile

Deal type:

Private acquisition

Practice area:

M&A

Industry sectors:

Energy
Oil and gas

Firms:

Barros & Errázuriz Abogados

Party: Southern Cross Group (Acquirer)

Cariola Díez Pérez-Cotapos

Party: Southern Cross Group (Acquirer)

Lawyer: Gerardo Varela

Claro & Cia

Party: Petrobras (Seller)

Lawyer: Felipe Larraín

Palma

Party: BBVA Chile (Lender)

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