Credicorp Capital Colombia’s Merger With Ultraserfinco

Posse Herrera Ruiz acted as legal advisor in Colombia for Credicorp Capital Colombia S.A. on the deal.

Credicorp Capital Colombia S.A. and Ultraserfinco SA, executed the merger by absorption, in which Credicorp Capital Colombia SA is the absorbing entity, and Ultraserfinco SA, the absorbed entity.

The merger, valued COP$, aims to consolidate the operations of the stockbrokers of which Credicorp Capital Peru is the owner in Colombia.

Credicorp Capital Colombia S.A. operates as an investment management company. The Company provides asset management, banking, investment strategies, and advisory services to customers in North America, South America, and England.

Ultrabursatiles S A Comisionista de Bolsa was founded in 1991. The company’s line of business includes the purchase, sale, and brokerage of securities.

Posse Herrera Ruiz advised Credicorp Capital Colombia with a team led by Partner Jaime Herrera (Picture), assisted by Lina Mara Vlez, Lina Mara Lineros, Emilia Arango, and Daniel Delgado.

Cristian Cruz acted as Credicorp Internal Lawyer for the transaction.

Involved fees earner: Emilia Arango – Posse Herrera Ruiz; Daniel Delgado – Posse Herrera Ruiz; Jaime Herrera – Posse Herrera Ruiz; Lina Lineros – Posse Herrera Ruiz; Lina Vélez – Posse Herrera Ruiz;

Law Firms: Posse Herrera Ruiz;

Clients: Credicorp Capital Colombia S.A.;

Author: Ambrogio Visconti.