News & Events

The Firm is representing Sudamericana, Agencias Aéreas y Marítimas S.A. (“SAAM”), a subsidiary of Sociedad Matriz SAAM S.A., a Chilean company listed on the Santiago Stock Exchange, in connection with its proposed buyout of its existing joint venture partner, Boskalis Holding B.V. (“Boskalis”) from three separate joint ventures. Boskalis is a subsidiary of Royal Boskalis Westminster N.V., a Dutch company listed on the NYSE Liffe Amsterdam.

SAAM and Boskalis signed a Share Purchase Agreement which contemplates, among other conditions, obtaining regulatory approvals. The arrangement, if consummated, would involve SAAM acquiring from Boskalis the remaining 49% of the joint venture entity covering Mexico, Canada and Panama, the remaining 50% of the joint venture entity covering Brazil, and the remaining 50% of the joint venture entity covering El Salvador.

The Simpson Thacher team included Juan Francisco Méndez, Borja Marcos and Karen McClendon (M&A); and Dmitry Zelik (Tax).