PPU instructed on Odinsa takeover by Grupo Argos

Philippi Prietocarrizosa Ferrero DU & Uría advised Grupo Argos on a takeover bid for its infrastructure subsidiary ODINSA. 

Grupo Argos is a Colombian conglomerate headquartered in Medellin with investments in the cement and energy industries with operations in Colombia, Costa Rica, the United States, Panamá, Honduras and the Caribbean.

ODINSA focuses on management, promotion and development of large-scale infrastructure projects.

With this deal, valued at $272 million, Grupo Argos increased its ownership of ODINSA from 54% to 98%. The transaction included an exchange tender offer paid in cash and preferred shares.

Partner Claudia Barrero led the PPU team which acted for Grupo Argos.

PPU instructed on Odinsa takeover by Grupo Argos

Ignacio Abella


The Latin American Lawyer is a bimonthly digital magazine, published by Iberian Legal Group, available in Spanish and Brazilian Portuguese. It represents the main source of information in the legal business sector in America Latina. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website www.lcpublishinggroup.com

Iberian Legal Group, S.L.
Registered office: C/ Ríos Rosas 44A - 2 G,H 28003 Madrid España

Copyright 2023 © All rights Reserved. Design by Origami Creative Studio


Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram