"Deal of the Year: Uber's acquisition of Cornershop wins Latin Lawyer award

Last year, Uber acquired Chilean company Cornershop for US$459 million, after more than a year of back-and-forth with local regulators amid the Covid-19 pandemic. This transaction was chosen for the “Deal of the Year” in the M&A category of the fifteenth version of the award that the prestigious English publication Latin Lawyer presents annually and recognizes the most outstanding transactions of the year in eight categories. Latin Lawyer’s editorial team selected the winning deals from more than 600 nominations.

“The winning deals all demonstrated innovative legal work at a level of complexity that broke new parameters in the jurisdictions where they took place. The lawyers involved performed extraordinary work, and the impact and significance of the deals go well beyond the negotiating table”, noted Latin Lawyer.

DLA Piper Chile advised both parties as joint counsel on corporate, tax and antitrust matters.

Check the full article in the following link.