Gross Brown assists Sudameris in absorption of Banco Regional
Gross Brown has assisted Abbeyfield Group and Sudameris Bank in the absorption of Banco Regional. Ferrere advised Rabo Partnerships, as shareholder of Banco Regional, on the transaction.
The transaction, which was executed and completed in record time, positions Sudameris as one of the largest banks in Paraguay. This is also the first merger process in Paraguay between listed banks.
Ferrere’s team included partners Nestor Loziaga and Carlos Codas, together with associates Manfred Heyn, Pamela Lezcano Sachelaridi, Yamina Beatriz Centurión Coronel and Fernanda Benitez Aguilera.
Gross Brown’s team was led by partner Sigfrido Gross-Brown (pictured), with support from senior associates Pablo A. Debuchy Boselli and Francisca Peroni and associates Camila Basili and Alvaro Portillo Prono.