Luis Miranda, Juan Luis Avendaño and Enrique Felices

Miranda & Amado on acquisition by Banco Santander of shares of CrediScotia Financiera

Miranda & Amado has advised Banco Santander in the acquisition of 100% of the shares of CrediScotia Financiera, a company controlled by Scotiabank Peru.

The transaction was signed on 6 May, where Payet Rey Cauvi Pérez Abogados has advised CrediScotia.

The closing is subject to obtaining regulatory and competition approvals, and the transaction price is subject to certain conditions to be calculated at closing.

Miranda & Amado’s team consisted of partners Luis Miranda (pictured left), Juan Luis Avendaño (pictured centre) and Enrique Felices (pictured right), together with associates Javier García and Fátima Moquillaza. Advising on due diligence were associates Daniel Corzo, Milena Díaz, Carol Villalobos, Andree Castro, Enzo Yturrizaga, Alessia Lercari, Samuel Yabar and Antonella Tirado.

L Giselle Estrada