Décio Pio Borges
Mergers and Acquisitions
+55 21 3723 9888 dpioborges@demarest.com.br Rio de Janeiro
Partner in Demarest’s Corporate and Mergers and Acquisitions practice areas, Décio Pior Borges de Castro holds a master’s degree in Law (LL.M.) from the London School of Economic and Political Science (England), an MBA in Corporate Finance from FGV and a bachelor’s degree in Law from PUC-RJ. For more than 20 years, Décio has dedicated his practice to matters involving corporate and trade law, and corporate governance, particularly in M&A transactions, joint ventures, investments and divestments, corporate finance and crisis management. Décio has advised on complex transactions and critical crisis management cases. He has experience assessing risks and helping clients make strategic decisions, whether seeking the most favorable position in negotiations or ensuring business protection and continuity. He has been recognized by renowned international legal publications such as Chambers & Partners and Latin Lawyer 250.
- Advised an international investor in the investment and divestment process of greenfield wind power generation assets totaling BRL 75 million.
- Advised an international energy group in the acquisition of a significant equity interest in a Brazilian group holding wind power generation assets valued at more than BRL 10 billion.
- Advised multiple insurance companies in underwriting and risk assessment proceedings for issuing Representations and Warranties insurance policies in M&A transactions across the automotive, technology, and energy sectors.
- Advised an international group in negotiations with B3 for developing a local carbon credit trading platform.
- Advised an international group in an energy self-consumption development with investment valued at more than BRL 2 billion and an installed power capacity of nearly 500 MW.
- Master's degree in Law (LLM) from The London School of Economics and Political Science, London, England (2013)
- Postgraduate degree (MBA) in Corporate Finance from Fundação Getúlio Vargas (FGV), São Paulo, Brazil (2009)
- Bachelor of Laws from Pontifícia Universidade Católica do Rio de Janeiro (PUC-Rio), Rio de Janeiro, Brazil (2003)
- Member of the Energy Committee of the British Chamber of Commerce and Industry
- Member of the Brazil–United Kingdom Commission of the Brazilian Bar Association – Rio de Janeiro Chapter (OAB/RJ)
- Member of the Energy Committee of the American Chamber of Commerce
- Co-author of the article “Challenges of Business Combinations Involving Listed Companies in Brazil,” [“Desafios de Combinações de Negócios envolvendo Companhias Abertas no Brasil”] published in the Corporate Law and M&A Journal by Thomson Reuters.
- Co-author of the chapter on Corporate and Trade Law in Doing Business in Brazil, published by the British Chamber of Commerce and Industry in Brazil.
- Author of the article “M&A and Corporate Control,” [“M&A e Controle Societário”] published in Capital Aberto magazine in 2024.
- Portuguese and English
