Morgan & Morgan advised in the sale of Felix B. Maduro to Grupo WISA
Morgan & Morgan represented the shareholders of Felix B. Maduro, S.A., a family-owned company of department stores with a 138 year trajectory in the Republic of Panama, in the sale of 100% of its shares to Grupo WISA, S.A., a wholesaler and retailer of perfumes and apparel with operations locally and throughout Latin America. The
- Published in expertise, Francisco Arias, Mergers & Acquisitios
Morgan & Morgan advised Dos Pinos in its acquisition of non-alcoholic beverage business in Panama
Morgan & Morgan represented Cooperativa de Productores de Leche Dos Pinos R.L., the largest dairy company in Costa Rica, in its acquisition of the milk and juice business in the Republic of Panama of Refrescos Nacionales, S.A. and Cervecería Nacional, S.A., subsidiaries of the brewer and bottler SABMiller. The transaction included the milk and juice
Morgan & Morgan advises the issuer in a senior notes issue for an amount up to US$600 million to complete the acquisition of Corredor Norte
As part of the acquisition of the Corredor Norte, Morgan & Morgan also represented the Ministry of Economy and Finance, Empresa Nacional de Autopista, S.A. (ENA), and ENA Norte, S.A. (an affiliate of ENA), in a U.S. $600,000,000 issuing of 4.95% Notes due 2028, registered before the National Securities Commission of the Republic of Panama
Morgan & Morgan advised the Panamanian Government in US$647 million acquisition of toll road concession
Panamanian law firm Morgan & Morgan represented the Ministry of Economy and Finance, Empresa Nacional de Autopista, S.A. (ENA), and ENA Norte, S.A. (an affiliate of ENA), in the acquisition of the Corredor Norte, a toll road concession in the Republic of Panama. The firm’s advice and participation consisted of, among others, the creation of
- Published in Ana Castrellon, Gilbert Mallol, Inocencio Galindo, Mergers & Acquisitios, Ramon Varela, Roberto Vidal
Morgan & Morgan advises on the purchase of Finca Santa Teresa, a Coffee Plantation farm in the Republic of Panama
Morgan & Morgan represented Carbine Capital, one of the most important toasters of the Coffee Business in Australia in the acquisition of Finca Santa Teresa, a coffee plantation located in Volcán, Chiriquí, highlands in the Republic of Panama. The acquisition included the Coffee Mill and the Coffee Plantation. The Coffee Business is one of the
- Published in Ana Frago, Lidieth Morales, Luis Miguel Hincapie, Mergers & Acquisitios, Real Estate
Morgan & Morgan provided legal advise to Dorel Industries regarding its acquisition of group Silfa
Morgan & Morgan represented the US juvenile products manufacturer Dorel Industries with respect to Panamanian law aspects to conclude the acquisition of the 70 percent of the South American group Silfa, which until December 2011 owns the most popular Infanti brand in that region. This acquisition launched the company into retailing and its part of
- Published in expertise, Inocencio Galindo, Mergers & Acquisitios, Roberto Vidal
HSBC Sells Latin American Assets to Colombian bank Banco Davivienda
Morgan & Morgan advised HSBC Group, regarding Panamanian laws, in the sale of its local operation to Colombian financial institution Banco Davivienda, in three Central American countries: El Salvador, Honduras and Costa Rica. The banking group has agreed to an $801million (£513million) deal with Colombia’s Banco Davivienda. The sale includes 29 branches in Costa Rica,
- Published in Banking Law, Inocencio Galindo, Mergers & Acquisitios, Roberto Vidal
Morgan & Morgan advices in acquisition of Cardoze & Lindo, S.A.
On Friday, September 16, 2011, after more than three months of negotiations, a group of Ecuadorian investors acquired a significant share of the assets of Cardoze & Lindo, S.A., as well as its liabilities. The operation led to a change in the Panamanian distributor of the Caterpillar brand. Morgan & Morgan provided legal counsel in
Morgan & Morgan advises Jazz Air in US$15 million acquisition of Pluna Airlines
Morgan & Morgan acted as Panamanian counsel to Canadian airline Jazz Air LP in a US$15 million investment. Jazz Air LP acquired an interest in Uruguay’s national airline Pluna, through the subscription of shares of the Panamanian Holding Company of Pluna Líneas Aéreas Uruguayas, S.A. “Although the transaction documents were subject to Uruguayan law, two
- Published in Mergers & Acquisitios, Ramon Varela, Roberto Vidal
Morgan & Morgan advises Mapfre in a US$211 million insurance merger
Morgan & Morgan acted as Panamanian counsel to Mapfre in connection with a US$211 million insurance merger, in which Mapfre acquires 57 per cent of the shares of Aseguradora Mundial and Mundial Desarrollo de Negocio, subsidiaries from Grupo Mundial. This transaction makes Mapfre as Central America’s largest insurance company. The Firm assisted its client with