Brazil’s Machado, Meyer, Sendacz e Opice Advogados and Canada’s Borden Ladner Gervais LLP have helped specialised payment products provider FleetCor Technologies enter the Brazilian market with the acquisition of CTF Technology, a Canadian holding company which controls fuel payment processor CTF Technologies do Brasil.
Brazil’s Mundie e Advogados and Canada’s McMillan LLP advised CTF
Technology in the US$180 million deal, which was signed and submitted to the
Canadian authorities on 28 April and will close within the following 60 days.
CTF Brasil provides fuel payment processing services for over-the-road fleets,
ships, mining equipment and railroads in Brazil. The company’s payment platform
links fleet operators with two of the Brazil’s largest banks, Bradesco and
Itaú, and two of Brazil’s largest oil companies, Petrobrás and Ipiranga.
Counsel to FleetCor Technologies
Brazil
Machado, Meyer, Sendacz e Opice Advogados
Partners Daniella Teixeira de Carvalho Tavares and Carlos Rolim de Mello, and
associates Otavia Bortoti and Caio Ferreira
Canada
Borden Ladner Gervais LLP
Partner Robert Owen
Counsel to CTF Technology
Brazil
Mundie e Advogados
Partners Rodolpho de Oliveira Franco Protasio, Patrícia Nakahara, Antenori
Trevisan Neto and associate Mário Fioratti Neto
Canada
McMillan LLP
Partners Amandeep Sandhu, Leo Raffin, Sandra Knowler and Peter Botz, and
associate Amanda Bichai
(Latin Lawyer 08.05.2012)
(Notícia na Íntegra)