IFLR1000

Corporación América Group $101 million acquisition of Petrobras Argentina’s hydrocarbon assets

1/4/2015
Public acquisition
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$ 101 million

Completed

1/4/2015

Overview:

  • Compañia General de Combustibles has acquired Argentine hydrocarbon assets for $101 million from Petrobras.
  • ICBC, Banco Itaú, BACS, Banco Hipotecario and Banco del Chubut provided the financing.
  • Marval O'Farrell & Mairal (Diego Chighizola, Francisco Macías, Roberto Silva) advised the buyer
  • Pérez Alati Grondona Benites Arntsen & Martínez de Hoz (Mariano Florencio Grondona, Juan Cruz Azzarri, Alex Maculus) advised the seller.
  • Errecondo Gonzalez & Funes  (Facundo Goslino) and M & M Bomchil (Fermín Caride advised the banks.

Rani Mehta - Journalist - Latin America

Jurisdiction:

Argentina

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Oil and gas

Firms:
Bomchil

Party: Itau (Lender)

Party: Banco Hipotecario (Lender)

Party: ICBC (Lender)

Party: Banco del Chubut (Lender)

Lawyer: Fermín Caride

Errecondo Gonzalez & Funes

Party: Itau (Lender)

Party: Banco Hipotecario (Lender)

Party: ICBC (Lender)

Party: Banco del Chubut (Lender)

Lawyer: Facundo Goslino

Marval O'Farrell Mairal

Party: Compañia General de Combustibles (Acquirer)

Lawyer: Francisco Macías

Pérez Alati, Grondona, Benites & Arntsen

Party: Petrobras (Seller)

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