Argentina’s Globant Opens in Berlin; Brazil SME M&As Up 50% in 2021

A roundup of Friday’s news from across Latin America

Bloomberg Línea
February 11, 2022 | 09:14 PM

Bloomberg Línea — Argentine software unicorn Globant (GLOB) announced Friday its arrival in the European DACH region, which covers Germany, Austria and Switzerland, through the opening of its offices in Berlin.

The pandemic-driven boom in the technology and healthcare sectors accelerated mergers and acquisitions last year, according to a survey by RGS Partners, an M&A boutique specializing in medium-sized companies. Last year, the country had 280 transactions with this profile, more than 50% above the 186 transactions carried out in 2020.

On the stock markets, all of Latin America’s exchanges closed with gains on Friday, led by Mexico, which closed with a gain of 1.20%. Grupo Financiero Inbursa (GFINBURO), Grupo Carso (GCARSOA1) and Grupo México (GMEXICOB) shares recorded the best performance of the day.

Following is a roundup of Friday’s news from Bloomberg Línea and Bloomberg reporters across Latin America.


Globant has opened an office in Berlin.dfd




Costa Rica


El Salvador

  • President Nayib Bukele has announced projects to encourage tourism, including an investment of $100 million in the beaches of the central region of the department of La Libertad, part of the SurfCity project. He also recently inaugurated the expansion of El Salvador’s international airport and announced an agreement with carrier Avianca to promote the country’s brand in Los Angeles, United States.
El Salvador's President Yayib Bukele,dfd


This is how the region’s markets closed on Friday, February 11: