Mattos Filho in the media

US aluminium producer Alcoa has enlisted two Ashurst offices and Pinheiro Neto Advogados for the Brazilian aspects of its US$4.1 billion acquisition of Australian mining company South32’s global aluminium value chain assets, which include stakes in Brazilian mining and refining operations.

Demarest Advogados in São Paulo also advised Alcoa on competition matters before Brazilian antitrust authority CADE.

South32 relied on four Mallesons offices and Brazilian outfit Mattos Filho.

Click here to access the deal published by Latin Lawyer.

Banks and other financial companies operating in Brazil may begin adopting more restrictive policies on their own in their dealings with clients.
Industry participants heard by Valor say some lenders could take that route in response to the U.S. government’s decision to designate Brazil’s two largest criminal factions, PCC and Comando Vermelho, as terrorist organizations.
Brazilian banks already apply strict policies to prevent money laundering and terrorist financing. Still, they acknowledge they do not have the capacity to conduct in-depth tracking of 100% of their clients.

Click here to read the article published at Valor International

Upon closing, Cencosud will acquire the entirety of St. Marche’s operations spanning the state of São Paulo – adding to its existing portfolio of Brazilian supermarket chains, which includes Giga Wholesale, Prezunic, Bretas, GBarbosa and Spid.
Completion of the deal is subject to approval from Brazil’s antitrust watchdog – CADE – and the successful completion of St Marche’s ongoing recuperação judicial (RJ) proceedings. The retailer filed for RJ shortly after agreeing to the sale to Cencosud, following the collapse of an earlier out-of-court recuperação extrajudicial (EJ) restructuring, which was launched in April 2025 and later suspended amid objections from its creditors.

Click here to access the deal published at Latin Lawyer.

Three Milbank offices and Brazil’s Mattos Filho have helped Brazilian car rental company Movida and its subsidiaries carry out a US$350 million debt issuance and concurrent tender offer.
Cleary Gottlieb Steen & Hamilton LLP in São Paulo and New York, and Brazil’s Pinheiro Neto Advogados assisted a group of banks.

Click here to access the deal published at Latin Lawyer.

As the US terrorist designation of two Brazilian criminal groups triggers a rush of compliance and due diligence work, law firms in Brazil are discovering that they too must look inward – reassessing client onboarding processes, beneficial ownership reviews and reputational risks evaluations to protect their own organisations.

Click here to read the article published at Latin Lawyer.

A Chinese government fund has acquired a stake in a Brazilian data centre being developed for TikTok from Patria Investimentos, with Mattos Filho advising Patria and the target on the antitrust filing.

Machado Meyer Advogados has helped two Patria-managed funds acquire full ownership of Brazilian thermoelectric power plant operator Marlim Azul Energia.

Mattos Filho advised target company Marlim Azul Energia and the sellers, Shell, Mitsubishi Power Americas and a separate Patria-managed fund.

Brazilian supermarket chain Oba Hortifrut has hired Mattos Filho to acquire 10 Natural da Terra stores from Americanas as part of the Brazilian retailer’s restructuring process.

Brazilian agribusiness company Amaggi has turned to Santos Neto Advogados to acquire a 40% stake in ethanol producer FS Group from US-based Summit Agricultural Group.

Mattos Filho assisted Summit Agricultural Group on the sale.

Click here to access the deal published at Latin Lawyer.

A bill introduced by Senator Renan Calheiros to extend coverage from Brazil’s Credit Guarantee Fund (FGC) to state and municipal pension funds that suffered losses tied to Banco Master has drawn criticism and is seen as having little chance of moving forward. Experts and financial sector representatives argue that the proposal could create legal uncertainty, increase banks’ costs and divert the FGC from its original purpose.

Click here to read the article published at Valor International