Posse Herrera Ruiz advises Colombian investors in Banco Davivienda stake
Law firm Posse Herrera Ruiz has acted as legal adviser to a group of Colombian institutional investors in the purchase of a minority stake in Banco Davivienda, part of the World Bank’s International Finance Corporation (IFC).
The investors were Compañía de Seguros Bolívar, Inversora Anagrama Inveranagrama, Inversiones Financieras Bolívar, Grupo Bolívar, Seguros Comerciales Bolívar and Capitalizadora Bolívar.
The purchase was valued at more than $143 million.
Posse Herrera Ruiz’s partners advising the investors were Gabriel Sánchez and Jaime Herrera, assisted by associate Pablo Martínez.
The IFC was advised by Gómez Pinzón Abogados
