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
Morgan & Morgan advise HSBC in the negotiation with the US$1.8 billion acquisition of Grupo Banistmo, S.A.
Morgan & Morgan have acted as Panamanian counsel for HSBC in its completed acquisition of up to 100% of the issued and outstanding common shares of Grupo Banistmo, S.A., a Panamanian bank holding company which owns investment banking, brokerage, insurance and other operations in Panama, Costa Rica, Colombia, El Salvador, Honduras, Nicaragua, Cayman Islands, Bahamas, Montserrat
- Published in Banking Law, Inocencio Galindo, Mergers & Acquisitios, Romulo Roux