Morgan & Morgan advised Inversiones Cuscatlán Centroamérica, S.A. on the acquisition of Banistmo, S.A.
Panama, December 19, 2025. Morgan & Morgan acted as legal counsel to Inversiones Cuscatlán Centroamérica, S.A. in connection with the execution of a promissory share purchase agreement, entered into by and between Grupo Cibest, S.A., as seller, and Inversiones Cuscatlán Centroamérica, S.A., as purchaser, for one hundred percent (100%) of the issued and outstanding shares
- Published in Ana Castillo, Allen Candanedo, Eduardo Oteiza, expertise, Katia Pallares, Roberto Vidal, Sophia A. Lee
Morgan & Morgan advised Banco Davivienda Panamá on historic integration with Scotiabank in Panama.
Panama, December 1, 2025. Morgan & Morgan acted as legal counsel to Banco Davivienda Panamá in the successful closing of a landmark transaction involving the integration of Scotiabank Panamá’s operations (The Bank of Nova Scotia) into Banco Davivienda Panamá. This transaction extends beyond Panama, as Scotiabank’s operations in Costa Rica and Colombia will also be
Morgan & Morgan advised Grupo Estrella on the acquisition of Cemex Panama.
Panama, October 3, 2025. Morgan & Morgan acted as legal counsel to Grupo Estrella in the acquisition of Cemex Panama’s assets, a transaction valued at over US$200 million. The deal included the Cemento Bayano plant, located in Calzada Larga, Chilibre, with two integrated production lines, as well as cement, ready-mix concrete, and aggregates operations. Grupo Estrella,
- Published in expertise, Allen Candanedo, Angelica Ortiz, Arantxa Fernandez Chang, Banking and Finance_news, Corporate Services_news, David Ramos, Eduardo Oteiza, Intellectual Property_news, Jose Carrizo, Jose Rafael Reyes, Katia Pallares, Kharla Aizpurua, Litigation and Dispute Resolution_news, María Alejandra Rodríguez, Maria Brenes, Mergers and Acquisitions_news, Miguel Rodriguez, Milagros Caballero, Mónica Moreno, Raúl Bermúdez, Real Estate_news, Rodolfo Palma, Taxation_news, Yaneth Barrera
Morgan & Morgan advised Mercantil Bank (Schweiz) AG on the establishment of its representative office in Panama.
Panama, July 30, 2025. Morgan & Morgan advised Mercantil Bank (Schweiz) AG, a Swiss entity specializing in private banking and wealth management, throughout the process of obtaining its Representative Banking License from the Superintendency of Banks of Panama (SBP). This license enables the bank to establish a representative office in Panama and carry out activities
- Published in Banking and Finance_news, expertise, Katia Pallares, Miguel Arias_exp, Roberto Vidal
Morgan & Morgan advised Sojitz Corporation on the acquisition of Petroautos, S.A., authorized Hyundai distributor in Panama.
Panama, June 11, 2025. Morgan & Morgan acted as legal counsel to Sojitz Corporation in the acquisition of 100% of the shares of Petroautos, S.A., the exclusive distributor of the Hyundai brand in Panama. With over 30 years of experience, Petroautos has established itself as one of the leading players in the Panamanian automotive sector,
Morgan & Morgan advised Banco Davivienda Panamá in connection with the execution of an agreement seeking the integration of the operations of Scotiabank Panamá (the Bank of Nova Scotia) into Banco Davivienda Panamá.
Panama, January 6, 2025. Morgan & Morgan acted as legal counsel to Banco Davivienda Panamá in connection with the execution of an agreement seeking the integration of the operations of Scotiabank Panamá (the Bank of Nova Scotia) into Banco Davivienda Panamá. In addition to the integration of Scotiabank Panama’s operations into Banco Davivienda Panama, Scotiabank’s
Morgan & Morgan advised Supermercados Xtra, SA on $300 Million Bond Program.
Panama, October 24, 2024. Morgan & Morgan is proud to announce its role in advising Supermercados Xtra, S.A., one of Panama’s leading supermarket chains, in the registration of a $300 million Revolving Corporate Bond Program with the Superintendence of the Securities Market (SMV) under the SMV’s Abbreviated Registration process. This significant transaction also included the
Morgan & Morgan advised the shareholders of Clínica Hospital de David, S.A. in the sale of a major participation in the company to Grupesal Panama, Inc.
Panama, October 15, 2024. Morgan & Morgan served as legal advisors of the shareholders of Clínica Hospital de David, S.A. (“CHDD”) in the sale of a 55% stake in CHDD to Grupesal Panama, Inc. CHDD is the parent company Centro Médico Mae Lewis, a hospital in Chiriqui, Panama. Morgan & Morgan also advised CHDD in
Morgan & Morgan advised Biocorp Holding, S.A. in the sale of Pharma Consulting Group, S.A. to Swixx BioPharma AG.
Panama, June 25, 2024. Morgan & Morgan served as legal advisors of Biocorp Holding, S.A. in a sequence of transactions culminating in the complete sale of Pharma Consulting Group, S.A. (“PCG”) to Swixx BioPharma AG. PCG is the parent company of Laboratorios Biopas, a prominent pharmaceutical company in Latin America, dedicated to the licensing, promotion,
Morgan & Morgan advised CIFI on the first corporate securities issuance through iLink platform of Latinclear with Euroclear.
Panama, June 19, 2024. Morgan & Morgan advised Corporación Interamericana Para El Financiamiento de Infraestructura, S.A. (“CIFI”), as issuer, in the issuance and sale of green bonds through the Latin American Stock Exchange (“Latinex”) for an amount of US$10,000,000, which is the first issuance ever of a security of a private company carried out through
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