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Peru: Coming change to regulation accelerates early year M&A’s

By  |  April 8, 2019
The first quarter of 2019 has seen 33 purchase and sale operations finalized in Peru’s market, with a value greater than US$1,500 million.

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    “Without a doubt, this has been the result of an acceleration in the closing of operations in different sectors, given the uncertainty of the law’s approval” said César Peñaranda from the Institute of Economics and Business Development.

    The possibility of having a regulation of this style, he explained, has existed for many years, but now the Executive’s intention to support it has been observed, since it is a requirement to be part of the OECD. The norm is seen as adequate by international standards and includes much of what has been applied in Chile and Mexico, although it would still require the incorporation of simplified processes.
    Full Content: El Comercio

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