José Setti Diaz
Corporate Government Relations International Trade and Customs Mergers and Acquisitions
+55 11 3356 1549 jdiaz@demarest.com.br São Paulo
Partner in Demarest’s Mergers and Acquisitions and International Trade and Customs practice areas, José Setti Diaz holds a master’s degree in Law from Universidade de São Paulo (USP). His main clients include the Menin Group, the private equity fund Aqua Capital, as well as major domestic and multinational companies operating in the agribusiness, forestry, paper and pulp, chemical, and steel sectors. José Diaz is also a board member of both the International Chamber of Commerce (ICC) and Britcham, and serves on the division of Brazilian panelists of the World Trade Organization (WTO).
- Advised Corteva on the acquisition of the global business of Stoller Group. The transaction involved more than 16 jurisdictions.
- Advised Rubens and Rafael Menin, in their capacity as shareholders of Galo Holding, as well as the latter, on the acquisition of 75% of the share capital of Atlético Mineiro S.A.F., a soccer company incorporated by Clube Atlético Mineiro (Galo). Once the deal is closed, Galo Holding – which is also owned by other shareholders, jointly referred to as the "4Rs" – will exercise control over Galo's soccer corporation.
- Advised Agrofundo Brasil III Fundo de Investimento em Participações Multiestratégia, jointly with other shareholders, in the sale of 85% of Biotrop Participações’s equity interest to Biobest do Brasil. Through this transaction, Biobest will also acquire, indirectly, Biotrop’s Brazilian and foreign subsidiaries, namely Total Biotecnologia Indústria e Comércio, Agrobio Argentina, Agrobio Chile, Agrobio-Ecuador, Agrobio Perú, Biotrop, EuroBiotrop, Nobile, Totalbio Colombia and Biotrop México. In the future, Biobest will have a call option and the sellers will have a put option to sell the remaining 15% of Biotrop’s equity interest.
- Assisted Inter and Inter Platform in: (i) the corporate reorganization to allow its free float to migrate to a US listing entity; (ii) innovative approvals from B3 and the CVM; (iii) the creation of a BDR program, the first of its kind approved by the CVM; and (iv) advice on local law for listing Inter Platform in the US.
- Advised Laureate in the sale of 100% of Laureate corporate capital to Ânima Holding. The deal is innovative because the buyer and the value changed during the whole process as Ânima made an offer superior than that of Ser Educacional, the original buyer. This caused Ser Educacional to challenge the move and attempt to get the transaction annulled. An arbitration took place involving effectiveness and enforcement of the go-shop provision in the M&A between Laureate and Ânima.
- Author, “The WTO Dispute Settlement Mechanism in Perspective: Challenging Trade-Distorting Agricultural Subsidies”, Cameron May Publishing, 2004
- Author, “Antidumping and Safeguards”, Editora Aduaneiras, 2005
- Member of the Board of Directors of the British Chambers of Commerce – Britcham
- International Chamber of Commerce – Commission on Trade and Investment Policy (ICC)
- Portuguese, English and Spanish
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