BLP has advised its client Inversiones Financieras Grupo Azul, S.A (“IFGA”) on the acquisition of the shares of Banco G&T Continental El Salvador, S.A. and its subsidiary G&T Continental, S.A. de C.V., Casa de Corredores de Bolsa.
BLP’s advice included:
- Everything related to the due diligence process on the target.
- The structuring of the transaction.
- The preparation of the share purchase agreement.
This is a transaction of great importance to our client. It strengthens the offer of financial services to the Salvadoran public, strengthens Grupo Azul in the local market, and allows it to offer services in the Salvadoran securities market. The buyer and seller will also develop a long-term alliance to enable both groups a broader portfolio of products and services.
The team was led by Partner Zygmunt Brett and composed of Associates José Gochez and Luis Vega, all based in El Salvador.