Scotiabank acquisition of Citigroup in Costa Rica and Panama

Overview:

• Scotiabank has acquired Citigroup’s operations in Panama and Costa Rica.
• Torys (Ian Arellano, Michael Akkawi) advised the acquirer alongside BLP (Andrés Lopez, Vivian Liberman) in Costa Rica and Arias Alemán & Mora (Luis Mastellari, Jaime Mora, Analida Romero) in Panama.
• Skadden Arps Slate Meagher & Flom (Stuart Levi, Erica Schohn) advised the seller alongside Consortium Legal (Mario Quesada-Bianchini, Randall Barquero) and Alemán Cordero Galindo & Lee (Eloy Alfaro, Arturo Gerbaud) in Panama.

Rani Mehta - Journalist - Latin America