Allied Pacific, Inc.’s $210 Million Merger with Banco Panamá S.A.


lfaro, Ferrer & Ramírez and Alemán, Cordero, Galindo & Lee advised on the deal

Allied Pacific, Inc., operating as a subsidiary of Banco Aliado, S.A., and Grupo Centenario de Inversiones, S.A., executed a merger agreement with Banco Panamá S.A.

Banco Panamá, S.A. provides various banking products and services in Panama. The firm offers savings, current, and fixed term accounts; and commercial mortgages, interim construction loans, leasing products, auto finance, and credit and overdraft lines.

Alfaro, Ferrer & Ramírez advised Banco Aliado, S.A. with a team including Luis López A., Ricardo A. Moreno, Roberto Harrington, María Alejandra Cargiulo, Ana Cristina Negrón and Ana Raquel Sedda.

Alemán, Cordero, Galindo & Lee advised Banco Panamá, S.A. with Eloy Alfaro Boyd and Rita de la Guardia.

Involved fees earner: Eloy Alfaro Boyd – Alemán, Cordero, Galindo & Lee; Rita de la Guardia – Alemán, Cordero, Galindo & Lee; María Alejandra Cargiulo – Alfaro, Ferrer & Ramírez; Roberto Harrington Arango – Alfaro, Ferrer & Ramírez; Luis López – Alfaro, Ferrer & Ramírez; Ricardo Moreno C. – Alfaro, Ferrer & Ramírez; Ana Cristina Negrón – Alfaro, Ferrer & Ramírez; Ana Raquel Sedda – Alfaro, Ferrer & Ramírez;

Law Firms: Alemán, Cordero, Galindo & Lee; Alfaro, Ferrer & Ramírez;

Clients: Banco Aliado, S.A.; Banco Panamá, S.A.;

Author: Ambrogio Visconti.