Last Updated June 10, 2019

Law and Practice

Contributed By Ferrere Abogados

Authors



Ferrere Abogados is the only multi-jurisdictional, purely South American law firm, and has 250 attorneys across Bolivia, Ecuador, Paraguay and Uruguay, offering international-class service and participating in the majority of important deals. The M&A practice group works in collaboration with the firm’s other areas to form a multidisciplinary team offering full-service legal advice. It represents a stellar list of international and local clients from a wide range of sectors, such as retail, energy, infrastructure, insurance, construction, media and information technology, agribusiness, food, pharmaceutical, banking and real estate. Activity includes acting as buyer’s or seller’s counsel in acquisitions, leading applications for concessions, advising on greenfield projects, and developing ex ante a BIT protection strategy for a major investment.

The antitrust authorities are among the primary regulators for M&A activity, with a key regulator being the Antitrust Commission, which is a body of the Ministry of Economy. In regulated sectors, antitrust matters are the charge of specialised regulators such as the Central Bank of Uruguay, the Regulator for Energy and Water Services and the Regulator for Telecommunication Services. Antitrust regulation imposes a legal duty of clearance of some covered transactions by the Antitrust Commission or a specific regulator, while other transactions with certain aspects require a prior notification.

In addition to antitrust regulations, in certain regulated sectors, companies that undergo an M&A process must obtain prior authorisation from the specific regulator – for example, the transfer of participations of a financial institution requires the authorisation of the Central Bank of Uruguay.     

The Central Bank of Uruguay is a key regulator for publicly listed companies, as it regulates the securities market. However, publicly traded companies are scarce in Uruguay.

Ferrere Abogados

Juncal 1392

+598 2900 1000

ferrere@ferrere.com www.ferrere.com
Author Business Card

Authors



Ferrere Abogados is the only multi-jurisdictional, purely South American law firm, and has 250 attorneys across Bolivia, Ecuador, Paraguay and Uruguay, offering international-class service and participating in the majority of important deals. The M&A practice group works in collaboration with the firm’s other areas to form a multidisciplinary team offering full-service legal advice. It represents a stellar list of international and local clients from a wide range of sectors, such as retail, energy, infrastructure, insurance, construction, media and information technology, agribusiness, food, pharmaceutical, banking and real estate. Activity includes acting as buyer’s or seller’s counsel in acquisitions, leading applications for concessions, advising on greenfield projects, and developing ex ante a BIT protection strategy for a major investment.

{{searchBoxHeader}}

Select Topic(s)

loading ...
{{topic.title}}

Please select at least one chapter and one topic to use the compare functionality.