Gómez-Pinzón steers CEMEX on the completion of its Colombian stakeholding
Gómez-Pinzón has counselled Cemex España on the acquisition of the Cemex Latam Holdings shares listed in the Colombian stock exchange
Gómez-Pinzón acted as counsel to Cemex España, S.A. in the tender offer made by CEMEX España for any and all outstanding ordinary shares of Cemex Latam Holdings, S.A. listed on the Colombian stock exchange – except for those shares owned by CEMEX España or CLH.
The offering purchase price per ordinary share was COP$3,250. CEMEX España acquired a total of 108,337,613 outstanding ordinary shares of CLH through the tender offer for an aggregate amount of more than $100 million (COP$352,097,242,250), increasing its participation in CLH from 73.16% to 92.60%.
Uría Menéndez acted as Spanish counsel to CEMEX España, and Skadden, Arps, Slate, Meagher & Flom advised CEMEX España in connection with New York law matters.
Gómez-Pinzón team was led by partners José Luis Suárez (pictued left) and Juan David Quintero Sánchez (pictured right), and involved senior associate Daniel Flórez, and associates Tonia Orozco and Santiago Ariza.
Cemex in-house counsels were Guillermo F Hernández, Alejandra Huerta and Mariana Zertuche.
Uría Menéndez acted as counsel to Cemex España with a team led by partner Alfonso Ventoso del Rincón, and which involved associates Susana Serrano de Frutosand Beatriz Camilleri Lacambra.
Skadden, Arps, Slate, Meagher & Flom acted as legal counsel in New York law matters with a team formed by partner Richard J. Grossman, counsel Adam G. Waitman and associate Steven M. Choi.
