Manuel Gardiadiaz quoted in Law.com International on Latin American companies listing in the U.S.
Davis Polk partner and Latin America practice head Manuel Garciadiaz was quoted in Law.com International regarding the growing number of Latin American companies listing in the United States rather than in local markets. Manuel explained that the principal driver of this high volume of IPO activity is the view that Latin American companies can get a better valuation if they list in the United States.
The article also highlights Davis Polk’s work in this area. The firm has advised on every SEC-registered IPO that has emerged from Latin America to date in 2021.
“US Firms Guide Growing Number of Latin American Companies to IPOs,” Law.com International, August 30, 2021 (subscription required)